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.

The California-based oil giant has seen production rise at its four joint ventures (JV) in Venezuela despite the poor state of the country’s infrastructure, Chevron Chairman and CEO Mike Wirth said ...

HOUSTON, Jan 27 (Reuters) - Chevron Corp CVX.N Chief Executive Officer Michael Wirth on Friday said the recent shift in U.S. sanctions on Venezuela allowed its local joint venture to raise short ...

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 ...

“The [Biden] administration should assess the humanitarian and human rights impact of all sanctions imposed on Venezuela and seek to lift any ... stated that the recent sanctions waiver authorizing ...

Chevron failed to meet analysts' expectations on the bottom line. The company reported record annual operating cash flow in 2022. Failing to meet bottom-line expectations, Chevron reported ...

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 generated record free cash flow of $37.6 billion last year (an estimated $19.58/share) - up a whopping $16.5 billion from the previous record $21.1 billion in 2021. Despite the massive ...

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% ...