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Tag: CHEVRON

Global news

Guyana Pursues Legal Action Against Venezuela for Maritime Aggression

March 9, 2025March 9, 2025 - by Sofia Nawab - Leave a Comment

Guyana is taking legal action against Venezuela in the ICJ due to recent aggressive maritime incursions. Venezuela’s acts are seen as attempts to intimidate Guyana and exacerbate tensions, particularly considering …

Guyana Pursues Legal Action Against Venezuela for Maritime Aggression Read More
economics

U.S. Orders Chevron to Cease Operations in Venezuela in Policy Shift

March 8, 2025March 8, 2025 - by Marcus Chen - Leave a Comment

The U.S. has ordered Chevron to wind down its operations in Venezuela within a month, severely impacting the Maduro government’s finances. This shift in policy reflects Trump’s changing approach, moving …

U.S. Orders Chevron to Cease Operations in Venezuela in Policy Shift Read More
Business / economics

US Administration Eyes Further Sanctions on Companies Operating in Venezuela

March 8, 2025March 8, 2025 - by Marcus Chen - Leave a Comment

The Trump administration may soon compel more companies to halt operations in Venezuela, placing additional pressure on President Nicolas Maduro, following an order for Chevron Corp. This move could significantly …

US Administration Eyes Further Sanctions on Companies Operating in Venezuela Read More
Politics

US Intensifies Economic Pressure on Venezuela, Targeting Oil Companies

March 7, 2025March 7, 2025 - by Allegra Nguyen - Leave a Comment

The Trump administration seeks to escalate pressure on Venezuela by demanding the cessation of operations by several companies, including Chevron, Maurel & Prom, and Repsol. This strategy follows the revocation …

US Intensifies Economic Pressure on Venezuela, Targeting Oil Companies Read More
Politics

Trump Revokes Chevron’s Oil License in Venezuela at Request of Latino Reps

March 7, 2025March 7, 2025 - by Allegra Nguyen - Leave a Comment

Three Latino Republican Representatives influenced President Trump to revoke Chevron’s license in Venezuela following threats to withhold votes on a GOP budget deal. Trump expressed the urgency of their demands, …

Trump Revokes Chevron’s Oil License in Venezuela at Request of Latino Reps Read More
Business / economics

Maduro Asserts Oil Production Will Persist Despite Chevron’s Departure

March 7, 2025March 7, 2025 - by Carmen Mendez - Leave a Comment

Venezuelan President Nicolás Maduro declares that oil production will remain stable despite Chevron’s exit due to U.S. sanctions, promoting his “Absolute Productive Independence” plan. Opposition leader María Corina Machado supports …

Maduro Asserts Oil Production Will Persist Despite Chevron’s Departure Read More
Business / Companies / economics

U.S. Extends License Protecting Citgo from Creditors Amid Venezuelan Turmoil

March 6, 2025March 6, 2025 - by Allegra Nguyen - Leave a Comment

The U.S. Treasury has extended protections for Venezuela-owned Citgo until July. This decision follows actions against Chevron’s operations in Venezuela, as opposition leaders urge continued safeguarding of this key asset …

U.S. Extends License Protecting Citgo from Creditors Amid Venezuelan Turmoil Read More
economics

Strategic Engagement: Rethinking U.S. Policy Towards Venezuela

March 6, 2025March 6, 2025 - by Marcus Chen - Leave a Comment

This article discusses President Trump’s recent revocation of oil sales licenses for Venezuelan companies, suggesting the need for a strategic pivot from maximum pressure to targeted engagement. The author argues …

Strategic Engagement: Rethinking U.S. Policy Towards Venezuela Read More
Companies

Argentina’s Vaca Muerta: A New Frontier for Shale?

March 6, 2025March 6, 2025 - by Sofia Nawab - Leave a Comment

Argentina’s Vaca Muerta shale basin has potential for growth, contrasting with diminishing U.S. shale resources. However, unfavorable regulations, including capital controls and oil-price interventions, have stymied investment. Major companies like …

Argentina’s Vaca Muerta: A New Frontier for Shale? Read More
Business / economics

Trump Ends Chevron’s Involvement in Venezuela, Sparking Economic Concerns

March 5, 2025March 5, 2025 - by Allegra Nguyen - Leave a Comment

The U.S. Treasury has ordered Chevron to halt its operations in Venezuela, following Trump’s pledge to overturn Biden’s oil policies. This move threatens Venezuela’s economy and impacts U.S. refiners who …

Trump Ends Chevron’s Involvement in Venezuela, Sparking Economic Concerns Read More

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