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

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

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

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

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. However, ...

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

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 Texas-based enterprise received General License 41 under the Biden administration in November 2022 to resume crude extraction and export operations in the country. Chevron CEO Mike Wirth argued ...

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

Crude oil futures rise as US restricts Chevron from exporting oil from Venezuela, impacting global energy markets.