Since ExxonMobil made its major oil discovery in Guyana in 2015, Venezuela has revived a century-old territorial dispute with Guyana and taken steps to annex the remote Essequibo region that comprises ...

HOUSTON (Reuters) - Since it first imposed sanctions on Venezuela's energy sector in 2019, the United States has granted individual licenses to some oil companies that allow them to export the ...

President Trump said Wednesday he was revoking a Biden-era license allowing Chevron to produce oil in Venezuela over what he said was strongman Nicolás Maduro’s failure to assist in deporting ...

Chevron and the other companies have played a key role in Venezuela’s efforts to boost its oil production, which had fallen to levels nearing 400,000 barrels per day in 2020, from the 3.2 ...

By Rebecca F. Elliott President Trump said on Wednesday that he would revoke a Biden-era policy that allowed more oil to be produced in Venezuela and exported, dealing a blow to the country’s ...

Those licenses allowed Chevron and other energy companies to maintain operations in Venezuela and import oil from Venezuela to the United States. Chevron’s license, the largest of them all ...

FILE PHOTO: Venezuela's lack of dredging causes trouble for Chevron's heavy oil exports ...

CARACAS, Venezuela (AP) — A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this week, President Donald ...

WASHINGTON, Feb 26 (Reuters) - U.S. President Donald Trump on Wednesday said he was reversing a license given to Chevron (CVX.N), opens new tab to operate in Venezuela by his predecessor Joe Biden ...

(Bloomberg) -- President Donald Trump said he plans to revoke Chevron Corp.’s oil license to operate in Venezuela, threatening to torpedo the nation’s slow economic recovery. The US president ...

Chevron (NYSE:CVX) shares slide into the red in Wednesday's trading, -1.1%, after President Trump said he plans to revoke an oil license to operate in Venezuela, citing the country’s failure to ...