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

About a half dozen foreign partners of Venezuela's state-owned oil company PDVSA are awaiting authorizations from the U.S.

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

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 ...

Exxon began producing oil from these reserves in 2019 and now has an average output of 650,000 bpd. By 2027, the company expects to achieve an output of 1.3 million bpd, and by 2030, this figure ...