Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. President Donald Trump’s first month in office has been dizzying for U.S ...

U.S. President Donald Trump announced the reversal of a license granted to Chevron to operate in Venezuela, citing President Nicolas Maduro's lack of progress on electoral reforms and migrant returns.

Venezuela's oil output in 2024 expanded to some 900,000 barrels per day (bpd) and exports rose 10.5% to around 772,000 bpd, mainly fueled by the U.S. licenses. ELECTORAL CONDITIONS 'NOT BEEN MET' ...

Chevron exports about 240,000 barrels per day (bpd) of crude from its Venezuela operations, more than a quarter of the country's entire oil output. "Chevron's exit could reduce Venezuela (oil ...

Copyright 2025 The Associated Press. All Rights Reserved. Chevron President in Venezuela, Javier La Rosa, left, attends a signing agreement ceremony between Venezuela ...

WASHINGTON — President Trump said Wednesday that he’s canceling a Biden-era economic reprieve for Venezuela — a move that will cause Caracas to lose roughly 34% of its oil export market.

Vertu Trophy 2024/25: Free match highlights, fixtures and schedule for knockout stages of tournament Birmingham City beat Bradford City in first Vertu Trophy semi-final; Peterborough beat Wrexham ...

President Donald Trump said Wednesday the United States will end the Biden administration’s concessions aimed at promoting free elections in Venezuela, canceling a license that allowed U.S. oil ...

FILE - Chevron President in Venezuela, Javier La Rosa, left, attends a signing agreement ceremony between Venezuela and the California-based Chevron, in Caracas, Venezuela, Dec. 2, 2022.

President Trump said Wednesday he was revoking a Biden-era license allowing Chevron to produce oil in Venezuela over what he said was strongman Nicolás Maduro’s failure to assist in deporting ...

Trump said he would be “reversing the concessions” from the “oil transaction agreement” from Nov. 26, 2022. That day, President Biden allowed Chevron to pump oil in Venezuela. The country ...

El presidente Donald Trump dijo que planea revocar una licencia petrolera para operar en Venezuela, debido al fracaso del país para recibir de vuelta a los migrantes a Estados Unidos tan ...