Venezuela in April canceled cargoes scheduled to Chevron citing payment uncertainties related to U.S. sanctions, which cut short a May 27 deadline to wind down transactions.

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 Corporation (NYSE:CVX) has terminated the contracts it had to operate in Venezuela and has delegated its joint-venture governance to its partner, PDVSA, reported Reuters on Wednesday.

Investing.com -- Chevron (NYSE: CVX) has ended its oil production, service, and procurement contracts in Venezuela, according to four sources close to the matter.The company’s joint-venture governance ...

Venezuelan oil contractors are continuing their work with Chevron Corp. and have not been warned of an impending shutdown despite a US government deadline to stop producing oil there by early April.

Chevron's arbitration victory over Exxon and closing of its $53B acquisition of Hess helps solve one of Chevron's biggest ...

The oil project's riches have not only attracted the attention of oil majors such as Chevron but also that of countries such as Venezuela.

Some tankers Chevron had chartered to move crude from Venezuela to the U.S. were marketed for spot contracts ... in 2022 by the U.S. Treasury Department for Chevron to operate in Venezuela.

Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: ...

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 ...