Houston, Texas-based oil giant Chevron is transferring joint venture control to its partner, state company PDVSA, while ...

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 plans ...

While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining ...

The company would be able to maintain key infrastructure but be barred from importing oil from the South American country.

Venezuela’s government is laying the groundwork for a 50% hike in fuel prices at the pump as it braces for a decrease in ...

Oil producer Chevron's U.S. license to operate in Venezuela will expire on May 27 as planned, Secretary of State Marco Rubio said in a post on his personal X account.

Chevron's license allowing it to produce and export crude to the US ended in early April and the company was allowed until ...

That effort helped crater the Venezuelan economy but failed to achieve regime change. Maduro tightened his grip until the ...

Venezuela's oil exports remained almost unchanged last month as increased shipments to customers in China offset a decline in ...

Spain ceased all crude oil imports from Venezuela in April due to upcoming U.S. sanctions requiring foreign companies to halt ...

Venezuela's oil exports remained relatively steady in May, as increased shipments to China offset falling deliveries to ...

Chevron (NYSE: CVX) and TotalEnergies (NYSE: TTE) offer a great example of this. What do Chevron and TotalEnergies do? As ...