Iran has been providing naphtha to Venezuela as part of an oil cooperation agreement,” it was explained. Chevron used to operate on a limited basis in Venezuela due to former President Donald ...

HOUSTON/MARACAY, Venezuela, Jan 12 (Reuters) - Venezuelan state oil company PDVSA has assigned a third crude cargo to Chevron Corp ... a solid start to an agreement expected to last at least ...

Since then, the White House has eased sanctions by authorizing energy supermajor Chevron to extract and export oil from Venezuela which ... an already overwhelming humanitarian crisis where ...

The California-based oil giant has seen production rise at its four joint ventures (JV) in Venezuela despite the poor state of the country’s infrastructure, Chevron Chairman and CEO Mike Wirth said ...

In December, Venezuela produced 676,000 ... Currently, Chevron is the only US company with a license to produce and sell Venezuelan oil but other corporations are looking to reach similar agreements.

Chevron has received four cargoes of Venezuelan crude since the U.S. Treasury Department in November authorized the company to reanimate production and expand operations in OPEC member Venezuela ...

The U.S. government has awarded Chevron Corp. an expanded license to import oil from Venezuela following talks between the socialist Maduro regime and opposition leaders. The U.S. may be on the ...

The White House has eased sanctions by authorizing energy supermajor Chevron to extract and export oil from Venezuela. Venezuela only pumped an average of 693,000 barrels per day in November 2022.

This sparked furor with some pundits viewing it as a cynical ploy to access Venezuela’s vast oil reserves at a politically critical moment. Since then, the White House has eased sanctions by ...