Tag: Chevron
Venezuela Honors Oil Contracts with Foreign Investors: President Maduro
Bolivarian officials report rising oil output despite U.S. pressure. On Monday, President Nicolas Maduro confirmed that Venezuela always respects investors and honors its oil contracts, including those with the U.S. company Chevron. RELATED: Venezuela Presents Assessment of 14 Productive Engines with a View to Sustainable Growth Speaking at the 2025 Expo Productive Machines, the Bolivarian […]
December 23, 2025
Ecuadorian Government Freezes Bank Accounts of Two Environmental Groups
Critics accuse the Noboa administration of using anti-crime law to silence social organizations. On Thursday, the administration of President Daniel Noboa froze the bank accounts of two well-known social organizations recognized for defending human rights and protecting the environment in the Amazon region. RELATED: Ecuadorian Judge Rules Arrests of Protesters in Alleged Noboa Assassination Attempt […]
October 10, 2025
Venezuela, Chevron, and the Licenses: Economic Opening or Political Control Strategy?
Since the death of President Hugo Chavez, Venezuela has gone through one of the most complex periods in its recent history. The combination of an economic crisis and unprecedented external pressures has shaped the country’s trajectory. In 2014, the U.S. Congress passed Public Law 113-278 for the “Defense of Human Rights and Civil Society in […]
July 25, 2025
Venezuela´s President Nicolás Maduro Denounces Trump’s Sanctions as Harmful to Chevron and Promises Increased Venezuelan Oil Production
President Nicolás Maduro responds to Chevron CEO Mike Wirth’s statements, denouncing U.S. sanctions that harm the American oil company. Maduro assures that Venezuela will boost its oil production despite external pressures. Related: Venezuela Condemns Trump’s Deportation Policies: 17-Year-Old Girl Deported Alone Under U.S. Immigration Crackdown President Nicolás Maduro strongly addressed recent remarks by Chevron CEO […]
May 5, 2025
President Maduro Denounces ExxonMobil’s Lobbying Against Chevron and Venezuela
The president recalled that Chevron has over a century of operations in Venezuela and has demonstrated its interest in investing in the country, complying with the laws and the Bolivarian Constitution. Related: Venezuela: ExxonMobil Finances Sanctions Lobby to Destabilize the Government President Nicolás Maduro has backed recent allegations made by Executive Vice President Delcy Rodriguez […]
March 10, 2025
Venezuela Activates Plan for Absolute Productive Independence
The Office of Foreign Assets Control of the U.S. Treasury Department formalized the cancellation of license 41, which allowed the U.S. oil company Chevron to operate in Venezuela. Venezuela’s Vice President and Minister of Hydrocarbons Delcy Rodriguez announced on Tuesday through her social networks that Venezuela has activated a plan of absolute productive independence in […]
March 4, 2025
Venezuela Responds to U.S. Decision to Revoke Chevron’s License: “We Have Activated the Plan for Absolute Productive Independence”
“The new U.S. government, intending to harm the Venezuelan people, is inflicting damage on itself by causing an increase in fuel prices and undermining the legal security of investments,” the statement reads. Related: U.S. Gives Chevron a Month to Leave Venezuela In an official statement, the government of the Bolivarian Republic of Venezuela, led by […]
March 4, 2025
OFAC License Renews, Chevron To Continue Operating in Venezuela
General license No. 41, issued by the US Office of Foreign Assets Control (OFAC), was automatically renewed on Saturday, allowing the US oil company Chevron to continue conducting a group of operations in Venezuela. RELATED: Venezuela Condemns U.S. Cancellation of Chevron’s License On 25 February, President Trump declared that he would end the oil export […]
March 2, 2025
ALBA-TCP Condemns U.S. Interventionist Action Against Venezuela
Washington seeks to extort the Bolivarian people by revoking Chevron’s oil drilling license. On Thursday, the Bolivarian Alliance for the Peoples of Our America – Peoples’ Trade Treaty (ALBA-TCP) harshly criticized the decision of U.S. President Donald Trump to revoke the license to exploit Venezuelan crude oil granted to the oil company Chevron as of […]
February 27, 2025
Venezuela Condemns U.S. Cancellation of Chevron’s License
Furthermore, she highlighted that such measures have had severe consequences in the past, noting that “these types of failed actions drove migration from 2017 to 2021, with the widely known consequences.” Related: Namibia and Chevron Sign Deal, Developing Offshore Oil Block This Wednesday, President Donald Trump announced the cancellation of the license that allowed the […]