Chevron Corporation’s CVX operations in Venezuela have hit a major roadblock as state-owned oil firm PDVSA abruptly canceled export authorizations for several of its vessels due to payment ...

This could blunt the impact of lower crude exports. In China, the main importers of Venezuela's heavy crude grades are ... In ...

U.S. sanctions have only entrenched the Maduro regime and opened up Venezuela to Russian and Chinese penetration.

Loading of Venezuela's heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with ...

Venezuelan state-owned oil firm PDVSA has revoked authorizations to U.S. supermajor Chevron to load and export crude from Venezuela this month, following the Trump Administration’s increased ...

The Trump Administration has revoked licenses for Shell and BP and their partners to operate natural gas projects offshore ...

Crude oil has had a rough start to 2025, with a nearly 15% decline year to date. Prices dropped to $61.99 per barrel on ...

Chevron Corporation’s CVX operations in Venezuela have hit a major roadblock as state-owned oil firm PDVSA abruptly canceled export authorizations for several of its vessels due to payment uncertainty ...