The United States is on track to receive nearly 3 million barrels of crude oil from Venezuela this month, according to shipping documents seen by Reuters. Chevron is on track to ship 100,000 barrels of […]
(Reuters) – Chevron Corp’s first cargo of Venezuelan crude after a U.S. license received in November has departed from a ship-to-ship transfer hub near Aruba to its Pascagoula, Mississippi refinery, according to shipping data seen by […]
Video Duration 24 minutes 45 seconds 24:45 From: Inside Story Venezuelan President Nicolas Maduro has stayed in power with support from Russia, Cuba, China, Turkey and Iran as his country’s economy has crumbled. Opposition politician […]
The FT writes, shale pioneer Harold Hamm has hit out at the US’s oil deal with Venezuela, saying it marked a new sign of “desperation” from the administration of Joe Biden as it tries to […]
Update(1355ET): On Saturday the White House unveiled a monumental shift in its Venezuela policy, given only a short time ago Washington didn’t even officially recognize Nicol?s Maduro as the socialist Latin American country’s legitimate ruler, […]
NewsPolitics Venezuela’s government and opposition will resume political talks on Saturday, Norway’s foreign ministry has confirmed, as negotiations aimed at finding a way out of the country’s complex crisis were stalled for more than a […]
U.S. ready to allow oil giant to produce, sell Venezuelan oil Chevron is owed billions in unpaid debts by state-run PDVSA U.S. aims to shift Venezuelan oil sales from shadow firms Chevron Corp could soon […]
Venezuela has given the go ahead to all PDVSA partners to leave their JVs. Foreign oil firms may sell their shares to PDVSA, but must forgive any past debts and unpaid dividends. Reuters: In all, […]
On Wednesday the Wall Street Journal reported that Washington has proposed a partial easing of sanctions on Venezuela, if the South American country would allow US multinational oil giants like Chevron to resume pumping oil […]
The Biden administration has no plans to change its sanctions policy toward Venezuela without positive actions from President Nicolas Maduro’s government, the National Security Council said after a report that the US would scale down […]
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