the U.S. government granted Chevron a license to resume extraction activities in Venezuela. General License (GL) 41 was issued November 26, 2022, as a nod to a humanitarian agreement between the ...
A joint venture (JV) between Chevron Corporation CVX, a U.S. oil giant, and Venezuela's state oil company PDVSA has initiated its new drilling campaign. This is part of CVX’s plan to ...
License terms are designed to prevent state-run oil firm Petróleos de Venezuela, known as PDVSA, from receiving proceeds from Chevron’s petroleum sales, U.S. officials said. The license lasts ...
MIAMI (AP) — A former fighter pilot jailed in Venezuela in February ... As part of that agreement, the U.S. started easing oil sanctions, allowing Chevron to conduct more fuel swaps with PDVSA ...
A second US senior administration official said the Maduro government “did not fully comply with the spirit or the letter of the Barbados Agreement ... in Venezuela.” Since the Chevron ...
The Biden administration has reimposed crushing oil sanctions on Venezuela in a rebuke to President Nicolas Maduro's attempts ...
President Joe Biden’s administration reimposed oil sanctions on Venezuela, ending a six-month reprieve after determining that Nicolas Maduro’s regime failed to honor an agreement to allow a ...
Chevron Corporation CVX ... This decision, made in response to the political turmoil and ongoing humanitarian crisis in the Southeast Asian nation, highlights the challenges faced by multinational ...