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 ...

They claim the oil agreement will not directly benefit Maduro. Yet this makes no sense: OFAC has no way to supervise whether Chevron pays royalties or taxes to PDVSA, Venezuela’s state-owned oil ...

Chevron started preparing to reanimate operations at its joint ventures in Venezuela last year while submitting a license request to the U.S. Treasury Department, following an agreement with PDVSA.

The U.S. economic war on Venezuela ... agreement Petrocaribe, which provided low-cost petroleum to poor countries in the Caribbean and Central America, U.S. officials acknowledged that an economic ...

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 ...

Widespread expectations for political opening in exchange for sanctions relief ignore a difficult global landscape and enduring crisis at home.

Colombia and Venezuela reached an agreement to strengthen investment protections between the two nations, the latest accord to cement warmer trade relations between the South American neighbors ...

Chevron generated record free cash flow of $37.6 billion last year (an estimated $19.58/share) - up a whopping $16.5 billion from the previous record $21.1 billion in 2021. Despite the massive ...