Chevron - Guacamaya

Rate Gap Nears 50% Following Elections and Chevron’s Final License Termination

Sleither Fernández2 months ago2 months ago07 mins

The shortage of official foreign currency has directly impacted prices and the purchasing power of Venezuelans. Photo: Archive Guacamaya, May…

U.S. to Allow Chevron Only Minimal Maintenance in Venezuela, According to Bloomberg

Sleither Fernández2 months ago2 months ago04 mins

The Trump administration plans to grant Chevron a limited license to carry out only essential maintenance

Marco Rubio Says No Extension of Chevron License

Elias Ferrer2 months ago2 months ago03 mins

Marco Rubio, a Florida senator for 14 years, is now Secretary of State and Acting National Security Advisor in the…

U.S. Government Plans to Extend Chevron License for 60 Days

Elias Ferrer2 months ago2 months ago02 mins

The Donald Trump administration plans to extend General License 41, which allows Chevron to operate in Venezuela despite sanctions.

Reuters: Chevron’s Boscan crude from Venezuela now bound for China

Elias Ferrer2 months ago2 months ago03 mins

Venezuela’s state-owned oil company, PDVSA has started to export heavy crude that has been shipped by Chevron since 2022.

Reuters: Venezuela’s Oil Exports Drop 20% in April Due to Chevron’s Exit

Elias Ferrer3 months ago3 months ago03 mins

Reuters estimates that Venezuela’s oil exports fell by 20% in April, averaging 700,000 barrels per day (bpd). This would be the lowest level in nine months.

Rate Differential in Venezuela: A Vicious Cycle of Inflation and Other Distortions

Sleither Fernández4 months ago4 months ago017 mins

Bolivars and dollars reflect the economic struggle in a country marked by devaluation and inflation. Photo: Courtesy. Guacamaya, April 10,…

Exclusive Interview: Former NSC Senior Director Juan González Explains What Happened to U.S. Policy Toward Venezuela

Elias Ferrer4 months ago4 months ago030 mins

Juan González was the White House National Security Council Senior Director for the Western Hemisphere in the Biden administration, from January 2021 until March 2024. He led a fundamental change in U.S. policy towards Venezuela, prioritizing strategic engagement to advance U.S. interests, after the failure of the first Trump administration to cause regime change with a “maximum pressure” strategy.