The licence comes with stringent conditions prohibiting any transfer of oil proceeds to the Venezuelan administration.

BEIJING (Reuters) -Oil prices ticked up in early trading on Wednesday after rising more than 3% in the previous session as ...

Venezuela's state-run oil company PDVSA is getting ready to resume work at its joint ventures under terms similar to ...

The United States is preparing to grant new authorizations to key partners of Venezuela's state-run PDVSA, starting with ...

Chevron has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close to the decision ...

Evercore ISI resumed coverage of Chevron with an ‘Outperform’ rating and $180 price target and noted that the Hess ...

Chevron and other foreign partners are still awaiting authorizations from the US government following talks last week about ...

Chevron has received a renewed, restricted U.S. license to operate in Venezuela under the condition that no payments are ...

About half a dozen international oil companies are waiting on U.S. government authorization to resume operations in Venezuela, months after their licenses were revoked amid rising tensions over the ...

Chevron has received a restricted U.S. license allowing operations in Venezuela, with conditions preventing oil proceeds from ...

Market sentiment shifted dramatically after President Trump shortened his timeline for Russia to show progress in ending the ...

By Elias Ferrer in Caracas On July 24, the Trump administration quietly granted a new sanctions waiver allowing US energy ...