Chevron Corporation's CVX CEO, Mike Wirth, has been actively working behind the scenes in Washington to secure more time to wind down operations in Venezuela, following President Trump's decision ...

The Chevron deal would allow the company to expand operations at a few projects it already runs with Venezuela’s state oil company, PDVSA, and to import Venezuelan oil to the United States.

U.S. President Donald Trump's administration is considering a plan to extend Chevron's license to pump oil in Venezuela by at least 60 days, according to two people familiar with the matter.

President Trump earlier this month ordered Chevron to wind down its operations in Venezuela within the next 30 days. REUTERS. Lutnick reportedly told Wirth that the tariffs could force Venezuelan ...

Chevron’s production in Venezuela averages about 220,000 barrels per day, amounting to about 24% of the country’s current output of 900,000 barrels per day.

Chevron exports about 240,000 barrels per day of crude from its Venezuela operations, over a quarter of the country’s entire oil output. Fox News’ Charles Creitz, FOX Business’ Anders ...

She claimed the government earned up to US$ 4.5 billion from Chevron’s operations last year, money spent on elite forces and lavish lifestyles for Maduro’s allies.

Chevron (NYSE:CVX) will have until April 3 to wind down exports from Venezuela, just 30 days instead of the typical six-months period for winding down operations.

In the wake of the Trump administration's decision to revoke Chevron Corp. (NYSE: CVX) license to operate in Venezuela, CEO Mike Wirth is seeking an extension to wind down the company's operations ...

Chevron has been a significant player in Venezuela’s oil industry for years and its operations in the country have been a key subject of debate, particularly under U.S. sanctions.