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

Venezuela’s state-run oil company has signed at least nine new deals with foreign service providers, including two Chinese ...

Chevron has terminated the oil production, service and procurement contracts it had to operate in Venezuela, delegating its ...

The deals are part of President Nicolás Maduro’s plan to replace Western oil companies after US sanctions ended their ...

Chevron plans to lay off 200 employees at locations in Midland, Texas as part of a global workforce reduction of up to 20% by ...

The Trump administration has issued a limited authorization allowing Chevron (NYSE:CVX) to retain its stakes in Venezuelan ...

The Trump administration has issued a narrow authorization for U.S. oil producer Chevron to keep assets in Venezuela, ...

The company can maintain key infrastructure but is barred from importing oil from the South American country.

The loss is associated with the cancellation of several cargoes assigned to US oil giant Chevron due to the company’s uncertain future in Venezuela. Oil market instability compounded the South ...

(Reuters) -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 ...