U.S. Energy Information Administration (EIA)Venezuela's heavy crude oil output increases are
The United States eased those sanctions in November 2022 when OFAC granted waivers to Chevron so it could resume exporting crude oil from its joint venture operations in Venezuela to U.S. Gulf Coast refineries,
Further expansion of Venezuela's upstream oil industry appears unlikely, given the alleged electoral fraud and suppression of the opposition over the past six months could trigger
RBN EnergyIt's Tricky Chevron's Diminished Role
3 days agoThe first Trump administration imposed economic sanctions on Venezuela in August 2017, which resulted in lower oil production and reduced exports to the U.S. The Trump administration followed that up with an April
Venezuela's oil exports have stayed almost the same recently, even though the country is under strong sanctions from the United States. Normally, Venezuela sells much of its oil to the U.S. and
Hydrocarbon ProcessingVenezuelan sanctions unlikely to have a significant impact on
Of the 14 U.S. refineries that imported Venezuelan crude oil in the first 11 months of 2018, 5 are either subsidiaries of PDVSA or former joint venture partnerships. Through its
2 days agoDespite U.S. sanctions and expiring licenses, Venezuela maintained nearly steady oil exports in May by ramping up shipments to China and rerouting barrels through shadow networks.
Top U.S. Refiner: Venezuela Sanctions Are Not Disrupting
Shortly after the U.S. imposed the sanctions on Venezuela at the end of January, the Energy Information Administration (EIA) said that the sanctions were unlikely to have a significant
In the book On Sanctions in Venezuela, economists Asdrubal Oliveros and Juan Palacios show that in 2025 , the U.S., Spain and India represented 34% of Venezuelan oil exports,
The DialogueCould Venezuela's Oil Sector Survive U.S.
The administration of U.S. President Donald Trump is mulling possible sanctions on Venezuela's energy sector, including on state-run oil company PDVSA, Reuters reported in June. Approximately 8 percent of U.S. oil imports in
Shortly after the U.S. imposed the sanctions on Venezuela at the end of January, the Energy Information Administration (EIA) said that the sanctions were unlikely to have a significant impact on
US NewsTrade of Venezuelan Oil to China Stalls After New Trump Order
An official at an independent refinery that does not buy Venezuelan oil said he expects the U.S. move to have "minimal" impact on Chinese purchases. "Refiners do not care
Venezuela's exports of crude oil and fuel fell 11.5% in March month-on-month as Washington's imposition of secondary tariffs and the cancellation of key licenses to operate in the
CNNHow US sanctions on Venezuela are rippling through oil
US sanctions are a double-whammy for Venezuela. Not only was the United States Venezuela's No. 1 customer, but it was the country's main source of naphtha, the liquid
Chevron is the only major oil producer with a waiver from the US government to operate in Venezuela despite sanctions against President Nicol谩s Maduro's regime. The
US to reimpose oil sanctions on Venezuela over election
The Biden administration said it would not renew a license set to expire early on Thursday that had broadly eased Venezuela oil sanctions, moving to reimpose punitive measures
The Trump administration's decision to revoke the licenses allowing Chevron and other international companies to produce oil in Venezuela is likely to have a debilitating impact on
