News

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 ...
The company would be able to maintain key infrastructure but be barred from importing oil from the South American country.
Venezuela has increased crude shipments to China amidst the tightening of US sanctions against the oil industry.
While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining ...
Venezuela’s government is laying the groundwork for a 50% hike in fuel prices at the pump as it braces for a decrease in ...
Chevron's license allowing it to produce and export crude to the US ended in early April and the company was allowed until ...
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.
The deals are part of President Nicolás Maduro’s plan to replace Western oil companies after US sanctions ended their ...
In an interview, Venezuela’s opposition leader Machado said May 25 elections and Chevron’s export ban will weaken the regime. | Opinion ...
Venezuela's oil exports remained relatively steady in May, as increased shipments to China offset falling deliveries to ...
Venezuela's oil exports remained almost unchanged last month as increased shipments to customers in China offset a decline in ...