US President Donald Trump's administration is considering extending an April deadline for Chevron to wind down operations in Venezuela after he suspended a controversial oil licence in late February.

The Trump administration on Tuesday gave Chevron 30 days to stop oil production in Venezuela after Washington accused President Nicolas Maduro of not making progress on electoral reforms and ...

U.S. supermajor Chevron has expressed interest in oil and gas exploration in two additional offshore blocks south of the Greek island of Crete, Greece’s Ministry of Energy and Environment said ...

WASHINGTON/HOUSTON, March 4 (Reuters) - The Trump administration said on Tuesday it was ending a license that the U.S. had granted to oil producer Chevron (CVX.N), opens new tab since 2022 to ...

Chevron Chief Executive Officer Mike Wirth brought up a possible extension during a meeting Wednesday with President Donald Trump and other oil executives at the White House. At that meeting ...

“Treasury is preparing to take action to wind-down General License 41 and other specific licenses as appropriate,” the Office of Foreign Asset Control (OFAC) said in a brief statement, adding ...

President Donald Trump is considering extending Chevron's license to pump oil in Venezuela, people familiar with the matter told The Wall Street Journal. Trump said in late February that he would ...

The extension would secure payments to Chevron for oil cargoes delivered to U.S. customers, while avoiding a collapse in crude volumes exported from Venezuela in coming weeks, especially to the ...

Chevron and the other companies have played a key role in Venezuela’s efforts to boost its oil production, which had fallen to levels nearing 400,000 barrels per day in 2020, from the 3.2 ...

For Chevron, this is a hard stop after years of carefully maneuvering U.S. sanctions. The oil giant was responsible for about 20% of Venezuela’s total production, providing a rare source of ...

For Chevron, it represents a pause in more than 100 years operating in Venezuela and an inability to recoup debts it is owed by Venezuela’s state-owned oil company, Petróleos de Venezuela SA.

(Reuters) - The Trump administration is considering a plan to extend Chevron's license to pump oil in Venezuela and impose financial penalties on other countries that do business with the South ...