Explainer: Why Chevron still operates in Venezuela despite US sanctions [Yahoo! Finance]
Chevron Corporation (CVX)
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Source: Yahoo! Finance
Washington has imposed sweeping restrictions on Venezuela's state oil industry, threatened to seize or block tankers carrying the South American country's distinctive heavy crude and warned companies around the world against doing business with Caracas. In early December, the US seized a sanctioned oil tanker off the coast of Venezuela, the first such seizure tied to Venezuelan oil under the current pressure campaign. The vessel involved, widely reported as the Skipper, added a geopolitical risk premium to oil markets and drew sharp condemnation from Caracas as “theft”. Washington has since seized a second oil tanker east of Barbados. US authorities are also actively pursuing a third tanker linked to Venezuela that attempted to evade boarding and is under a judicial seizure order. Officials say the vessel is part of a so-called shadow or ghost fleet used to bypass sanctions, and if captured the US intends to retain the ship and its cargo. Yet amid this near-total blockade,
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News
- FRONTERA ENERGY CORPORATION ANNOUNCES NEW $120 MILLION PREPAYMENT AND COMMERCIAL AGREEMENT WITH CHEVRON [Yahoo! Finance]Yahoo! Finance
- Chevron (CVX) Maintains Presence in Venezuela Despite Tensions [Yahoo! Finance]Yahoo! Finance
- Chevron (NYSE:CVX) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
- Chevron: the only foreign oil company left in Venezuela [Yahoo! Finance]Yahoo! Finance
- Chevron: The Only Foreign Oil Company Left In Venezuela [Barron's]Barrons
CVX
Earnings
- 10/31/25 - Beat
CVX
Sec Filings
- 12/19/25 - Form 4
- 12/19/25 - Form 4
- 12/19/25 - Form 4
- CVX's page on the SEC website