OFAC Extends Chevron’s Deadline to Exit Venezuela until May 27
In January 2025, crude oil production from joint ventures between Pdvsa and the U.S. corporation Chevron reached approximately 242,000 barrels…
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Chevron Seeks to Extend Deadline for Exit from Venezuela, According to WSJ
Official photograph of Mike Wirth, CEO of the American energy giant Chevron. Guacamaya, March 20, 2025. Chevron’s CEO, Mike Wirth,…
Capriles: Chevron’s Exit from Venezuela Could Open the Door to Energy Mafias
Henrique Capriles Radonski is known for his pragmatic approach, with supporters who value his experience and critics who accuse him…
OPEC: Venezuelan Crude Production Remains Stable in February
Venezuela’s crude oil production remained stable in February at 1,025,000 barrels per day (bpd), with a slight decrease of 6,000 bpd, according to PDVSA’s estimates.
End of Oil Licenses Would Halt Repatriation Flights to Venezuela
The Donald Trump administration faces a new challenge in its plans for mass deportations. The Venezuelan government has privately informed the administration that it will not accept any more returned migrants, according to a note published in The Wall Street Journal, after consulting sources familiar with the matter.
Trump Prepares to Revoke Licenses of More Oil Companies in Venezuela
Oil pumpjack and drilling rig in Venezuela. Photo: HumbRios. Guacamaya, March 7, 2025. The Trump administration is reportedly preparing to…
María Corina Machado Celebrates Revocation of the “Chevron License”
Opposition leader María Corina Machado celebrated the revocation of the “Chevron License,” denouncing that the revenues generated by the oil company were used to finance Maduro and members of his government instead of being invested in the welfare of the Venezuelan people.
Jorge Rodríguez: Without the license, we cannot pay the outstanding debts with Chevron
Jorge Rodríguez addresses the National Assembly at the Federal Legislative Palace. Photo: National Assembly. Guacamaya, March 6, 2025. The president…
Chevron License Revocation Reshapes Global Market with Implications for the U.S. and Venezuela
The U.S. government, led by Donald Trump, formally announced the revocation of the license allowing Chevron to operate in Venezuela. The decision, made official on March 4 and effective in 30 days, marks the end of a strategic relationship that had enabled the U.S. oil company to export over 200,000 barrels per day of Venezuelan crude.