The licence comes with stringent conditions prohibiting any transfer of oil proceeds to the Venezuelan administration.

Chevron has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close to the decision ...

Venezuela's state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to ...

Chevron has received a renewed, restricted U.S. license to operate in Venezuela under the condition that no payments are ...

Chevron and other foreign partners are still awaiting authorizations from the US government following talks last week about ...

This development could constitute a departure from the pressure strategy that the US has maintained this year against ...

Chevron has received a restricted U.S. license allowing operations in Venezuela, with conditions preventing oil proceeds from ...

About half a dozen international oil companies are waiting on U.S. government authorization to resume operations in Venezuela, months after their licenses were revoked amid rising tensions over the ...

Chevron’s $53 billion acquisition of Hess gives it a major stake in Guyana’s booming Stabroek oil block, reshaping its global ...

The Trump administration is easing oil sanctions on Venezuela by authorizing Chevron to resume operations under strict ...

Trump's Chevron policy looks to balance demands from regime-change hardliners and MAGA operators who warn against China's role in Venezuela.

U.S. President Donald Trump's administration is preparing to grant new authorizations to key partners of Venezuela's ...