President Trump’s policy towards Venezuela defies critics who insist that America First must mean principles last. Mackenzie ...

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 company can maintain key infrastructure but is barred from importing oil from the South American country.

While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining ...

The new guidelines are said to be similar to the strongly limited license Chevron held for its Venezuela operations between 2020 and 2022. The Texas-based enterprise received General License 41 under ...

Experts said that the 30-day wind-down period gives Chevron little time to do anything else than to hand the operations they are running to state-run Petróleos de Venezuela, PDVSA, its partner in ...

The cryptocurrency exchange El Dorado — often used as a benchmark for Monitor Dólar — also shut down operations in Venezuela ...

Venezuelan Presidency/AFP via Getty Images Chevron exports about 240,000 barrels per day of crude from its Venezuela operations, over a quarter of the country’s entire oil output.

Trump had ordered the US oil giant to wind down its operations in Venezuela earlier this month, but during a White House meeting with Chevron CEO Mike Wirth and other top executives on Wednesday ...

The Trump administration extended Chevron Corp.’s deadline to halt its operations in Venezuela, following lobbying efforts by the Texas-based oil giant. US officials granted Chevron through May ...

He mentioned that if Chevron halts operations, that would create a void for Chinese and Russian companies to fill. "We're the only American company that remains on the ground in Venezuela ...