U.S. President Donald Trump's cancellation of licenses for foreign oil companies to operate in sanctioned Venezuela will ...

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By Elias Ferrer in Caracas On 26 February, US President Donald Trump announced that he would be terminating the “Chevron ...

One of the key reasons Venezuela’s economy is slowly recovering from the worst collapse in modern history is an oil giant 2,200 miles away: Chevron Corp.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Venezuelan government devalued its bolivar currency for the second time in 12 months on Thursday, abolishing the lowest exchange rate as the Opec member fights to revive its economy. Intended to ...

Venezuela is undergoing a major crisis, which is evidenced by inflation in quadruple digits and shortages of food and medicine. Many economists blame the 15-year-old currency control system for ...

After successive political crises and economic devastation over the past 25 years the Venezuelan economy, with its industry ...

CVX gets a 30-day deadline to wrap up its operations in Venezuela, giving a major blow to U.S. refiners and Venezuela's ...

Chevron is set to wind down its operations in early April but analysts suggest the corporation could secure an extension or a new license.

but also the Venezuelan bolivar exchange rate history in more detail. The currency code for Venezuelan bolivar is VEF.