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President Trump has revoked export permissions for Chevron and other companies to halt crude oil dealings with Venezuela, escalating sanctions against Maduro’s regime. This move reflects concerns over crime and …
Trump Revokes Oil Export Permissions for Western Companies Dealing with Venezuela Read More
President Trump intends to impose a 25% tariff on countries buying Venezuelan oil, alleging Venezuela’s hostile actions. This announcement aligns with previous tariff considerations and reports that Venezuelan oil continues …
Trump Announces 25% Tariff on Countries Buying Venezuelan Oil Read More
Venezuela has reached an agreement with the U.S. to resume deportation flights of Venezuelan nationals after suspending them in March. Venezuelan officials emphasized the protection of human rights in the …
Venezuela Resumes Deportation Flights to U.S. Nationals After Agreement Read More
Prime Minister Stuart Young is committed to advancing Trinidad and Tobago’s energy agreements, focusing on the Dragon project with Venezuela. He indicated that recent U.S. policy changes could impact these …
Ongoing Efforts to Preserve Trinidad and Tobago’s Dragon Gas Project Read More
The U.S. is expected to extend Chevron’s deadline to cease operations in Venezuela by at least 30 days after lobbying efforts from the company. This extension relates to concerns over …
U.S. to Extend Chevron-Venezuela Operational Deadline by 30 Days Read More
Oil prices rose due to a decline in U.S. fuel inventories and increased Middle East tensions. Brent crude increased by 0.57% while WTI rose by 0.51%. Key factors included unexpected …
Oil Prices Rise Amid U.S. Fuel Inventory Decline and Middle East Tensions Read More
President Trump is considering extending Chevron’s sanction waiver for Venezuela after allowing it to lapse earlier this year. This decision follows discussions about imposing tariffs on nations buying Venezuelan oil …
Trump Weighs Extension of Chevron’s Venezuela License Amid Geopolitical Tensions Read More
PDVSA will independently produce crude following the U.S. revocation of Chevron’s license. Post-April 3, it plans to produce between 105,000 to 138,000 bpd of Hamaca heavy crude and continue exporting …
PDVSA to Independently Manage Crude Production After Chevron Exit in Venezuela Read More
Chevron CEO Michael Wirth is lobbying for more time to wind down operations in Venezuela due to ongoing geopolitical challenges. This move reflects the complexities oil companies face in the …
Chevron CEO Michael Wirth Seeks Extension for Venezuela Operations Wind Down Read More
Secretary of State Marco Rubio has announced that Venezuela will face significant sanctions if it does not accept deported citizens from the U.S. This ultimatum coincides with enhanced deportation efforts …
U.S. Warns Venezuela of Severe Sanctions for Refusal to Accept Deportees Read More