Chevron works in partnership with affiliates of Petróleos de Venezuela (PDVSA), Venezuela’s National Oil Company, in five onshore and offshore production projects in Western and Eastern Venezuela, in compliance with applicable laws and regulations.

5 days ago · Unexpected turn in Trump's Venezuela strategy. The license renewal comes just a day after a major meeting between Venezuelan President Nicolas Maduro and Richard Grenell, the US special envoy for Venezuela, in Caracas.President Maduro characterized the meeting as "very positive," signaling the beginning of a new phase in US-Venezuela relations, one that could bring tangible benefits to both ...

Today, Chevron works on four onshore and offshore projects in Venezuela, through a partnership with Petróleos de Venezuela, S.A., Venezuela's national oil and gas company. Chevron values integrity, trust, diversity and ingenuity as a company and in our employees.

Jan 19, 2025 · In 2022, the White House granted Venezuela a financial lifeline “to support the restoration of democracy” after President Nicolás Maduro promised to work toward an open presidential election, granting U.S. energy giant Chevron a permit to pump and export Venezuelan oil despite sanctions.

May 5, 2023 · Chevron has invested more than $115 million into Venezuela’s communities over the past 15 years, focused on health, education and economic development. The organizations we support have touched the lives of more than 100,000 people over the past few years.

Mar 7, 2024 · (Bloomberg) – Chevron Corp. restarted drilling in a pristine oil field in Venezuela in a bid to increase production just as Washington threatens to tighten its grip on the sanctioned country.

Dec 3, 2022 · The Venezuelan government and American oil company Chevron have signed a contract in Caracas on Friday to resume operations in Venezuela, according to the country’s state broadcaster VTV.

May 10, 2023 · Chevron Corp's renewed oil operations in Venezuela begin a new phase next month that will boost production with the goal of accelerating a plan to recover all of the $3 billion of debt owed by...

Mar 8, 2024 · Chevron Corporation CVX restarted drilling operations in a pristine field located in Venezuela, marking a significant move to boost production amid challenging geopolitical circumstances.

Nov 26, 2022 · Chevron Corp on Saturday received a U.S. license allowing the second-largest U.S. oil company to expand its production in Venezuela and bring the South American country's crude oil to the...