The Trump administration has given Chevron a hard deadline to cease its oil operations in Venezuela after revoking its license last week. Concretely, the Treasury Department is giving the company ...

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A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this week, President Donald Trump announced Wednesday, ending ...

canceling a license that allowed U.S. oil company Chevron to produce and export oil in the country. The move, set to take effect March 1, comes as the Trump administration resets foreign relation ...

Brent crude oil futures rose 19 cents or 0.3 per cent to $72.72 a barrel by 0154 GMT. U.S. West Texas Intermediate crude oil futures were up 16 cents or 0.2 per cent at $68.78 per barrel.

NEW YORK, Feb 27 (Reuters) - Oil prices rose more than 2% on Thursday as supply concerns resurfaced after U.S. President Donald Trump revoked a licence granted to U.S. oil major Chevron (CVX.N ...

Chevron responded Wednesday to President Donald Trump's decision to terminate a U.S. permit allowing the company to pump and export Venezuelan oil, saying it is assessing the implications of the move.

President Trump said Wednesday he was revoking a Biden-era license allowing Chevron to produce oil in Venezuela over what he said was strongman Nicolás Maduro’s failure to assist in deporting ...

Gabe Whisnant is a Breaking News Editor at Newsweek based in North Carolina. Prior to joining Newsweek in 2023, he directed daily publications in North and South Carolina. As an executive editor ...

Chevron (NYSE:CVX) shares slide into the red in Wednesday's trading, -1.1%, after President Trump said he plans to revoke an oil license to operate in Venezuela, citing the country’s failure to ...

In a post on Truth Social, Trump said he was "reversing the concessions" of the "oil transaction agreement, dated November 26, 2022." Trump did not name Chevron in his comments, but Washington ...