Chevron will hand over a percentage of its Venezuelan production to the Maduro government under new terms negotiated after receiving a US license to restart operations, Bloomberg reported.

The move marks a strategic pivot away from years of neoconservative, regime-change-driven policy, favoring pragmatic engagement ...

In a somewhat striking (and underreported) reversal, the Trump administration has authorized Chevron to resume oil operations ...

The US oil major was embroiled in a battle with ExxonMobil over its $53bn acquisition of Hess, Donald Trump cancelled its licence in Venezuela and plunging oil prices caused it to announce it was ...

The Trump administration has granted Chevron a conditional exemption to resume operations in Venezuela, potentially impacting ...

Chevron has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close to the decision ...

Chevron has received a renewed, restricted U.S. license to operate in Venezuela under the condition that no payments are ...

Chevron has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close to the decision ...

Chevron has received a restricted U.S. license allowing operations in Venezuela, with conditions preventing oil proceeds from ...

About half a dozen international oil companies are waiting on U.S. government authorization to resume operations in Venezuela ...

Sanctions targeting oil are often ineffective at changing governmental policy and often impose additional costs on companies ...

The move reverses Trump's withdrawal of a permit earlier this year, and could draw criticism from Venezuelans in Florida who ...