Iran has been providing naphtha to Venezuela as part of an oil cooperation agreement,” it was explained. Chevron used to operate on a limited basis in Venezuela due to former President Donald ...

The California-based oil giant has seen production rise at its four joint ventures (JV) in Venezuela despite the poor state of the country’s infrastructure, Chevron Chairman and CEO Mike Wirth ...

They claim the oil agreement will not directly benefit Maduro. Yet this makes no sense: OFAC has no way to supervise whether Chevron pays royalties or taxes to PDVSA, Venezuela’s state-owned oil ...

Chevron started preparing to reanimate operations at its joint ventures in Venezuela last year while submitting a license request to the U.S. Treasury Department, following an agreement with PDVSA.

The U.S. economic war on Venezuela is one of the main reasons for the record number of migrants arriving at the U.S.-Mexico border, where there has been a ...

Colombia and Venezuela reached an agreement to strengthen investment protections between the two nations, the latest accord to cement warmer trade relations between the South American neighbors ...

Two analysts cut their price targets in the morning. On Frida, Chevron reported its final quarter of 2022 results. The company missed net earnings by a wide chalk, and the market did not react ...

Chevron generated record free cash flow of $37.6 billion last year (an estimated $19.58/share) - up a whopping $16.5 billion from the previous record $21.1 billion in 2021. Despite the massive ...