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Venezuelan oil
Crude Oil
Chevron Must Return Venezuelan Oil Before Sanctions Deadline, Sources Say
Chevron Corp. has been directed to return nearly 1 million barrels of oil to Venezuela’s state-owned company, Petroleos de Venezuela SA (PDVSA), affecting…
Crude Oil
Venezuela’s Oil Flows Again, After a Week of Panic
Many buyers of Venezuelan oil have resumed loading crude onto tankers after a week-long pause at the country’s ports. This follows U.S. tariffs imposed by…
Oil & Gas Trade
Chevron Cranks up Venezuelan Oil Exports Amid Trump-Maduro Reset
Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship with the US eases concerns that…
Oil & Gas Trade
Chevron Cranks up Venezuelan Oil Exports Amid Trump-Maduro Reset
Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year high as a reset of the country’s relationship with the US eases concerns that…
Crude Oil
Venezuelan Oil Output Recedes as Washington Threatens New Sanctions
The Biden administration weighs withdrawing Chevron’s license while lobbyists urge Trump to leverage sanctions to US advantage.Venezuela’s crude pro…
Oil & Gas Trade
Up to 50 Firms Seek US Oil Licenses in Venezuela, Official Says
A general view of the headquarters of the Venezuelan oil company PDVSA in Caracas, Venezuela July 21, 2016./File Photo Purchase Licensing RightsThe U.S. has rec…
Oil & Gas Trade
India Resumes Imports of Venezuelan Oil, Reliance Seeks Direct Deal
A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing…
Oil & Gas Trade
Exclusive: Petrochina Aims to Resume Venezuelan Oil Imports After 4-Year Pause
Model of petrol pump is seen in front of PetroChina logo in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsChin…
Oil & Gas Trade
Venezuelan Oil Minister Resigns on Investigation
Venezuela's oil minister Tareck El Aissami offered his resignation after three years in the post in the wake of a corruption investigation into state-owned …
Crude Oil
Chevron to Ship First Venezuelan Oil to the U.S. By Year-End
Chevron is getting ready to ship the first oil cargo from Venezuela to the United States by late December.
Crude Oil
Chevron Set to Trade Venezuelan Oil if US Relaxes Sanctions
Sources say Chevron is asking the US government for a license broad enough to have a greater say at its joint ventures in Venezuela.
Crude Oil
U.S. Weighs Chevron Request to Take Venezuela Oil for Debt Payments
The Biden administration is considering a Chevron Corp proposal to allow the U.S. oil major to accept and trade Venezuelan oil cargoes to recoup unpaid debt.
Oil & Gas Trade
Owner of Largest Refinery in India Stops Importing Venezuelan Oil
Reliance Industries, the owner of the largest refinery in India and the world, has stopped buying Venezuelan crude.
Oil & Gas Trade
Venezuelan Oil Production Sinks to Lowest Output in 77 Years
Crisis-wracked Venezuela's relentless fall in oil production sunk to a new low in May, according to OPEC figures, a milestone in a decade of decline for the onc…
Oil & Gas Trade
US Sanctions Four Shipping Firms for Transporting Venezuelan oil
The US Treasury Department on Tuesday said it had sanctioned four shipping firms for transporting Venezuelan oil, the latest escalation in Washington's effort t…
