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

Pumping oil in Venezuela, where Chevron has around 250 employees, with another 3,000 working across its joint-venture operations, is also helping the company recoup billions in debt owed by Venezuela.

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.

Chevron’s South American assets, including Venezuela, were just 5.2 percent of its international upstream liquids production last year, according to the company’s 2024 earnings report.

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 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. oil producer Chevron Corp and several European companies are in talks with the Trump administration to obtain authorizations to keep their stakes in joint ventures with Venezuela's state-run ...

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 ...

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

President Trump’s policy towards Venezuela defies critics who insist that America First must mean principles last. Mackenzie ...

Miami Republicans helped kill Chevron's Venezuela license, citing Maduro support. Congress members shifted votes to block the deal, signaling political leverage. Loss of Chevron raises risks of ...

The Trump administration's decision to revoke American oil companies' licenses to operate in Venezuela has effectively ended ...