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WASHINGTON/HOUSTON (Reuters) -Chevron Corp on Saturday received a U.S. license allowing the second-largest U.S. oil company to expand its production in Venezuela and bring the South American ...
In late 2022, however, President Joe Biden's administration granted an automatically renewable license to Chevron to expand operations in Venezuela and resume exports to the U.S. with the goal of ...
Chevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. ... Venezuela, with the president of Chevron, Javier La ...
Carabobo 3 is developed in cooperation with Chevron Corporation (34%), Suelopetrol (1%) pct, and Mitsubishi Corporation and Inpex (5%). It consists of Carabobo block 2 South, block 3, and block 5. The expected production output will be 400 thousand barrels per day (64 × 10 ^ 3 m 3 /d) by 2013. The upgrader is expected to be ready by 2017. [5]
CARACAS (Reuters) -Venezuela's oil minister and top representatives of state-run company PDVSA on Friday signed contracts with U.S. oil firm Chevron Corp intended to help revive the nation's oil ...
[3] [4] Chevron Corporation, which had existing investments in Venezuela, was allowed to increase production for sales to the U.S. [3] [141] As of November 2022, the Biden administration had not imposed any new sanctions on Venezuela and the Associated Press reported that some companies could be flouting the sanctions imposed by the Trump ...
The company's remarks follow an earlier report by Bloomberg that said the United States is considering extending Chevron's waiver to operate in Venezuela with more limitations by granting the ...
The refinery was a joint venture between Hess Corporation and PDVSA. For most of its operating life as Hovensa, it supplied heating oil and gasoline to the U.S. Gulf Coast and the eastern seaboard with the crude mainly sourced from Venezuela. Previously it had sourced its crude feedstock from a number of other countries including Libya.