Iran has been providing naphtha to Venezuela as part of an oil cooperation agreement,” it was explained. Chevron used to operate on a limited basis in Venezuela due to former President Donald ...

In December, Venezuela produced 676,000 ... Currently, Chevron is the only US company with a license to produce and sell Venezuelan oil but other corporations are looking to reach similar agreements.

ConocoPhillips, which abandoned Venezuela after its assets were nationalized in 2007, is now open to a deal to sell the ...

Chevron also is sending its second cargo of U.S. heavy naphtha to Venezuela to dilute for export its Petropiar project’s crude, on tanker Hamburg Star, the sources said. The U.S. oil company ...

Chevron has received four cargoes of Venezuelan crude since the U.S. Treasury Department in November authorized the company to reanimate production and expand operations in OPEC member Venezuela ...

Chevron's business is booming. Management wants to pass a larger chunk of the company's profits on to shareholders. Chevron announced a stunning $75 billion share repurchase plan, which will take ...

Chevron reported a record full-year profit of $36.5 billion, buoyed by high oil prices. Adjusted earnings for the year more than doubled from the $15.6 billion Chevron earned in 2021 and up 36% ...