Trump's accused the government of Venezuelan President Nicolás Maduro of not meeting democratic conditions for last year's ...

President Donald Trump has canceled a sanction waiver for Chevron that has allowed the supermajor to return to the South ...

Since it first imposed sanctions on Venezuela's energy sector in 2019, the United States has granted individual licenses to ...

Oil prices edged up on Thursday after sliding in the previous two sessions, with supply worries resurfacing after U.S.

Oil prices climbed for the first time in three days on Thursday, with supply worries resurfacing after U.S. President Donald ...

Vaar Energi has made an oil discovery in its Zagato prospect some 8 km (5 miles) north of the Arctic Goliat oilfield, the company and the Norwegian Offshore Directorate said on Thursday.

The United States has suspended sanctions for 30 days on Serbian oil company NIS, which is majority owned by Russian ...

Donald Trump has ended oil giant Chevron’s (CVX) permit to operate in Venezuela, a move that could shake the country’s fragile economy. The ...

The move appears to end the U.S. company’s work in the oil-rich country and was prompted by what President Trump said was ...

Sure, the authorities can make dealing illicit barrels a bit less financially rewarding; ultimately, however, the oil will flow. And it’s flowing. Russia, Iran and Venezuela, the three major oil ...

Chevron is the only major oil producer with a waiver from the US government to operate in Venezuela despite sanctions against President Nicolás Maduro’s regime. The company produces about 20% ...