Chevron Corporation CVX has dispatched Venezuela’s two oil shipments to the United States after Washington restored its license to operate in the sanctioned nation. The Mediterranean Voyager and ...

The first two cargoes of Venezuelan oil exported by energy major Chevron after it received a fresh U.S. authorization to ...

By allowing Chevron to pump Venezuelan oil, the Trump administration is providing unearned breathing room for the Maduro ...

Chevron regains license to operate in Venezuela as Trump shifts foreign policy, despite criticism from Secretary Rubio and ...

Chevron and Valero Energy are reportedly in discussions to restart the supply of Venezuelan crude oil to Valero's US refineries, according to a Reuters report, citing sources. This development follows ...

The Trump administration had canceled Chevron’s license soon after taking office, charging the Maduro government was slow to take back deported Venezuelans.

U.S. sanctions have crippled Venezuela’s crude oil production and exports. Last year, Venezuelan crude oil production hit a 50-year low of around 700,000 barrels per day.

Venezuela sent some 351,000 bpd of oil and heavy fuel to China last year. Volumes increased to 463,000 bpd in the first four months of 2025, according to PDVSA documents and shipping data compiled ...

Nations that buy Venezuelan oil would face 25% tariffs on all trade with the U.S., he said. The U.S. has never deployed tariffs in such an expansive way before, analysts said.

The U.S. will reportedly resume allowing Venezuelan oil to flow to Europe, people familiar with the matter told Reuters. The outlet on Sunday reported that Eni SpA and Repsol SA, which are Italian … ...

While, it could represent 300,000-400,000 barrels a day in Venezuelan oil exports to the U.S., it would likely be below pre-sanctions levels of almost 500,000 barrels a day in 2018.

By late-2021 Venezuela’s national oil company had revised that number down to one million barrels per day and reported it produced an average of 871,000 barrels per day during December 2021.