U.S. President Donald Trump's administration is considering a plan to extend Chevron's license to pump oil in Venezuela by at ...

The sanctions waiver withdrawal, alongside the highly shortened wind-down period, marks a significant escalation of Washington’s economic coercion against Venezuela. The moves contrast with Trump’s ...

Chief Executive Mike Wirth lobbied top administration officials including Secretary of State Marco Rubio and Treasury ...

Chevron Wind-Down Would Send Venezuela Back to Oil Market’s Dark Side Trump’s threatened move seen boosting corruption under Maduro PDVSA is likely to divert sales to Asia with a steep discount ...

(Bloomberg) — US President Donald Trump’s plan to revoke Chevron Corp.’s (CVX) operating license in Venezuela threatens to force the nation’s oil sector back into the shadows, paving the ...

However, that flow has been a key means for Chevron to recover billions of dollars in pending debt in Venezuela. Chevron will have through April 3 to wind down exports and other operations in ...

Due to weather conditions and fire risk, the City of Bristol, Virginia has declared a local state of emergency. Bristol Fire ...

People wave the flag of Venezuela and signs thanking ... the U.S. company would in theory have five more months to wind down its operations in Venezuela due to the fact that it was most recently ...

(Bloomberg) — US President Donald Trump’s plan to revoke Chevron Corp.’s operating license in Venezuela threatens to force the nation’s oil sector back into the shadows, paving the way for corruption ...

Oil tankers sail through Lake Maracaibo in Maracaibo, Venezuela on March 15, 2019 - Copyright AFP/File JUAN BARRETO Oil tankers sail through Lake Maracaibo in ...

On March 4, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Venezuela General License 41A, “Authorizing the Wind Down of Certain Transactions Related ...

Chevron currently produces and exports almost a quarter of the million barrels of crude each day from Venezuela, providing vital revenue for Nicolas Maduro's government. But a Treasury Department ...