Chevron met with Trump and spent millions lobbying him to continue operating in Venezuela. Now it is uniquely positioned to ...
Some estimates say that the country wouldn’t need a lot of investment to increase production to about 1 million barrels a day ...
Venezuela is currently facing turmoil following the capture of Nicolas Maduro by the US forces. The South American country ...
President Donald Trump is calling on oil executives to rush to invest in Venezuela as the White House looks to quickly secure ...
Chevron cut the price of Venezuelan crude after U.S. forces seized a tanker carrying sanctioned oil, adding pressure to an already weak Gulf Coast market. The seizure is part of a broader Trump-era ...
US President Donald Trump on Friday promised oil giants “total safety and security” in Venezuela, just days after he took ...
Chevron, which has been exporting between 100,000 and 150,000 barrels per day (bpd) of Venezuelan oil to the US, is the only ...
U.S. sanctions helped cause the collapse of Venezuelan oil production — damage that Trump is now using as justification for ...
Shares of major U.S. companies in the energy sector are sharply higher after President Donald Trump announced plans to take ...
Most of the state's 15 crude oil refineries were built specifically to process the heavy sour crude that comes from Venezuela ...
The Trump administration has outlined a number of demands that Venezuela must agree to in order to resume oil production, two ...
Stocks closed higher on Wall Street, led by a mix of energy companies and banks. The S&P 500 rose 0.6% Monday and the Nasdaq composite added 0.7%. The Dow Jones ...