Venezuela’s State Oil Firm Exporting Crude Grade Previously Shipped by Chevron, Data Shows

Wedoany.com Report-May 19, Venezuela’s state-owned oil company, PDVSA, has started exporting a heavy crude oil grade previously handled by Chevron since 2022, according to maritime data and docu...

Chevron, European Firms Lobby to Keep Stakes in Venezuela Oil Joint Ventures

Wedoany.com Report-May 16, Chevron Corp, a U.S. oil company, along with several European firms, is engaging with the U.S. administration to secure permissions to maintain their stakes in joint venture...

Vitol Steps up Venezuela Oil Buying Before U.S. License Lapses

Wedoany.com Report-Apr. 28, Vitol Group, the world’s largest independent oil trader, has increased its oil purchases from Venezuela in April, utilizing a U.S. license set to expire on May 27. Th...

Venezuela Launches Blend 22 Crude Exports Ahead of Us Licenses Expiry

Wedoany.com Report-Apr. 24, Venezuela will launch exports of a new medium crude blend, Blend 22, this month from its Western fields, aiming to maintain oil revenue as U.S. licenses for its state-owned...

Chevron Must Return Venezuelan Oil Before Sanctions Deadline, Sources Say

Wedoany.com Report-Apr. 14, Chevron Corp. has been directed to return nearly 1 million barrels of oil to Venezuela’s state-owned company, Petroleos de Venezuela SA (PDVSA), affecting the U.S. co...

Venezuela’s PDVSA Suspends Oil Loading Authorizations to Chevron, Sources Say

Wedoany.com Report-Apr. 11, On Thursday, Venezuela’s state oil company, PDVSA, revoked several authorizations previously granted to U.S.-based Chevron for loading and exporting Venezuelan crude ...

Venezuela’s Oil Flows Again, After a Week of Panic

Wedoany.com Report-Apr. 10, Many buyers of Venezuelan oil have resumed loading crude onto tankers after a week-long pause at the country’s ports. This follows U.S. tariffs imposed by President D...

US Revokes Eni Permit for Gas Produced in Venezuela

Wedoany.com Report-Apr 4, A recent development in the energy sector highlights the challenges posed by U.S. sanctions on international oil companies. Eni, an Italian energy firm, has reported that it ...

Venezuela’s Oil Exports Fall 11.5% Over Us Tariffs and Sanctions, Shipping Data Say

Wedoany.com Report-Apr. 2, Venezuela’s crude oil and fuel exports dropped by 11.5% in March due to new U.S. measures affecting its energy sector. The decline followed Washington’s introduc...

Latam Countries Reject U.S. Tariffs on Countries That Buy Venezuelan Oil

Wedoany.com Report-Mar 27, Multiple Latin American countries voiced disagreement on a U.S. government decision to impose tariffs on countries that purchase oil or gas from Venezuela. "We do not agree ...