Chevron has been operating in Venezuela for more than a century. But the company has only recently begun to exert an outsized influence on the nation’s economy. There are two main reasons.

Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous month as ...

Chevron is ending contracts in Venezuela, delegating operations to PDVSA, while retaining staff in the country amid U.S. sanctions and deadlines affecting oil shipments.

Chevron has terminated the oil production, service and procurement contracts it had to operate in Venezuela, delegating its joint-venture governance to its partner, state company PDVSA, but it ...

Chevron’s exit is a blow to Venezuela, where it helped boost oil output to over 1 million barrels per day in January 2025, the highest since June 2019. Meanwhile, ...

Reuters cited shipping data and documents showing the state producer has ramped up exports to Asia since then. Deals have ...

Chevron's license to operate in Venezuela ended on Tuesday, though sources told Reuters that Chevron has received guidance from the Trump administration that will allow it to preserve its stakes, ...

With Chevron allowed to keep its assets in Venezuela, insiders say Grenell plans to continue lobbying Trump to restore the company’s ability to import the country’s oil to the United States.

Chevron CEO Mike Wirth issued a stark warning about the firm’s possible departure from Venezuela as a Biden-era license allowing the company to operate in the country is set to expire.

U.S. will let Chevron’s Venezuela oil license expire May 27, Rubio announced, dealing a blow to Maduro’s regime as oil sector challenges intensify.

(Reuters) -Washington needs to take further action against Venezuelan leader President Nicolas Maduro, opposition leader Maria Corina Machado said, including enforcing sanctions and fighting criminal ...

Last Thursday, members of the press were invited to a Gilded Age mansion in Manhattan for a presentation titled “A ...