Increased competition in currently sanctioned countries could lower the overall price of Brent Crude, which is the price at which Exxon, Chevron, and ConocoPhillips have been realizing.

The Trump Administration announced today that it would end a conditional license awarded to Chevron (NYSE:CVX) to operate in Venezuela and export its crude oil. Trump had pledged to do so ...

The Treasury Department moved Tuesday to formally rescind a Biden-era license allowing Chevron to pump oil in Venezuela, giving the company 30 days to wind down operations as the Trump ...

President Donald Trump’s decision to revoke Chevron’s license to operate in Venezuela may be felt well beyond the South American country’s borders. The move — announced by Trump in a Truth ...

US Orders Wind Down of Chevron's Oil Exports From Venezuela By Timothy Gardner and Marianna Parraga WASHINGTON/HOUSTON (Reuters) -The Trump administration said on Tuesday it was ending a license ...

“Treasury is preparing to take action to wind-down General License 41 and other specific licenses as appropriate,” the Office of Foreign Asset Control (OFAC) said in a brief statement, adding ...

US President Donald Trump’s plan to revoke Chevron Corp.’s operating license in Venezuela threatens to force the nation’s oil sector back into the shadows, paving the way for corruption and ...

Sideways to down for more than two years now. Is this one, along with the rest of the sector, done resting? We see it as the reasonable possibility, and here’s why. We’ll get into an ...

Major companies have been relocating their headquarters to Texas. Since 2020, 200 companies, including Tesla and Chevron, have moved HQs to Texas, state data say. Gov. Greg Abbott has cited a good ...

Thu, February 27, 2025 at 5:13 PM UTC ...

Trump did not name Chevron in his comments, but Washington granted Chevron a licence to operate in Venezuela's oil sector on November 26, 2022. It was the only license the administration issued ...