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 ...

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 ...

Canada-based LNG Energy Group announced on Wednesday it had signed an agreement ... to work with Venezuela to request special permits, such as those granted to US oil giant Chevron.

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 ...

Spanish oil major Repsol SA expects production to climb with the addition of two oil fields in a joint venture with Venezuela, where the company is exempt from reimposed US sanctions. The company ...

Maduro expressed his agreement to allow the reopening of the UN Human Rights Office in Venezuela, stating, “Let's overcome the differences, the conflict we had.” His remarks were welcomed by ...

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 ...

April 29 (Reuters) - Venezuela's use of digital currencies, expected to increase after the United States ordered a wind-down of oil deals with the sanctioned country by May 31, will require ...

On April 17 the U.S reimposed oil sanctions on Venezuela, which it had relaxed in October after the agreement was signed. Sign up here. Reporting by Vivian Sequera Writing by Julia Symmes Cobb Our ...

Exxon Mobil XOM1.42%increase; green up pointing triangle and Chevron CVX 0.27%increase; green up pointing triangle posted lower first-quarter profits in part due to anemic natural-gas prices and ...