The state-owned Natural Gas Company of Trinidad & Tobago (NGC) and UK supermajor Shell have an Office of Foreign Assets Control (OFAC) licence from the US Treasury Department to develop the Dragon gas field, which lies in Venezuelan waters. The Caribbean nation says it needs the Venezuelan gas to supply itself and its near neighbours.

Loading of Venezuela's heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with countries buying the South American nation's oil and producer Chevron began reducing its tanker fleet there,

La administración Trump amplió el plazo de Chevron Corp. para detener sus operaciones en Venezuela, luego de los esfuerzos del gigante petrolero con sede en Texas.

The Department of the Treasury's Office of Foreign Assets Control (OFAC) has extended the time Chevron Corp. has to wind down oil exports from Venezuela.

Chevron Corporation CVX has got the U.S. government’s deadline extension by at least 30 days to wrap up its operations with Venezuela’s state-owned energy major, Petroleos de Venezuela SA.

The Biden administration secretly permitted Chevron Corp. to pay hundreds of millions of dollars to the Venezuelan government despite a license that explicitly prohibited such disbursements, according to people familiar with the matter.

India's Reliance Industries will reportedly suspend Venezuelan crude imports following Trump’s “secondary tariffs” announcement.

The poll, based on 1,200 face-to-face interviews conducted in late February, showed that 73% of non-chavista Venezuelans are now in favor of the application of international sanctions against individual members of the regime and 59% in favor of sanctions against state-run Petróleos de Venezuela, PDVSA.