venezuelan oil operations halted

The U.S. Treasury has ordered all companies to halt oil operations and exports from Venezuela by May 27. Venezuela has been under heavy sanctions since 2025, making it difficult

Venezuelas state oil firm PDVSA has revoked multiple authorizations previously granted to Chevron (NYSE: CVX), halting the U.S. companys planned crude oil exports from

Venezuela's oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level in nine months, as cargo cancellations

CVX's Venezuelan oil shipments halted by PDVSA amid payment uncertainty due to U.S. sanctions derails its plans to export oil.

The sanctions have reshaped Venezuela’s oil strategy. PDVSA halted operations at the Petropiar crude upgrader (co-managed with Chevron) and launched a new crude grade,

Venezuela's main oil export terminal and heavy crude processing complex in Jose are shut down as a historic blackout persists across much of the country today.

Following an initial halt, Venezuelan crude shipments resumed last week, with importers such as India’s Reliance Industries given until May 27 to wind down dealings with

The Trump administration made a dramatic move Tuesday, ceasing an important operating license the American oil giant Chevron needed to operate in Venezuela. The decision follows

Venezuela's oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level in nine months, as cargo cancellations

The United States is allowing Chevron to resume pumping oil from its Venezuelan oil fields that U.S. sanctions had halted almost three years ago. The

2 days agoCNPC halted direct purchases of Venezuelan oil in late 2025 due to the threat of secondary sanctions. While the state-owned giant has not disclosed plans for new contracts or

CVX's Venezuelan oil shipments halted by PDVSA amid payment uncertainty due to U.S. sanctions derails its plans to export oil.

Venezuela's oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level in nine months, as cargo cancellations to U.S.

The United States imposing a 25% tariff on countries importing oil and gas from Venezuela starting next month has already taken its toll on Caracas' coffers as India and China

Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance periods as new Chinese

The move follows a tightening of U.S. sanctions and a new 25% tariff on Venezuelan oil and gas imports imposed earlier this month, which Washington said targets Caracas but could

CVX's Venezuelan oil shipments halted by PDVSA amid payment uncertainty due to U.S. sanctions derails its plans to export oil.

Venezuelan oil operations halted, blackout persists 1 Sean Cronin Senior Editor, Market Analysis and News at Argus Media 4y David Fyfe Chief Economist at

The company was allowed to export Venezuelan crude oil to the United States up until the end of May, before it suspended operations. The deadline could be shortened by PDVSA.

The power interruption left the refinery's catalytic cracker, which produces finished fuels, offline and halted operations of two distillation units, sources said.