Chevron: the only foreign oil company left in Venezuela [Yahoo! Finance]
Chevron Corporation (CVX)
Last chevron corporation earnings: 5/1 06:45 am
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Source: Yahoo! Finance
Washington's total blockade of oil tankers, added last week to punishing US sanctions, has put Chevron and its presence in Venezuela back in the spotlight. - Why is Chevron in Venezuela? - The Venezuelan Gulf Oil Company, Chevron's predecessor in Venezuela, was founded in April 1923 and began operating its first well in August 1924. Initially operating near Lake Maracaibo, it then moved on to new deposits such as Urumaco and Boscan. Most reserves are now in the Orinoco Belt. Gulf Oil merged with Standard Oil of California in 1984, forming the giant now known as Chevron. The group currently extracts oil from four fields and offshore gas from another field, covering a total area of nearly 30,000 hectares (115 square miles). This is part of a partnership with the state-owned company PDVSA and its affiliates that employs around 3,000 people. According to the International Energy Agency (IEA), in 2023, Venezuelan territory contained around 303 billion barrels, or about 17 pe
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News
- Chevron: The Only Foreign Oil Company Left In Venezuela [Barron's]Barrons
- Chevron Doubles Down on Venezuela as U.S. Pressure and Production Risks Mount [Yahoo! Finance]Yahoo! Finance
- Oil Tankers Set Sail From Venezuela Despite US Pressure [Yahoo! Finance Canada]Yahoo! Finance Canada
- The Smartest High-Yield Energy Stocks to Buy With $500 Right Now [Yahoo! Finance]Yahoo! Finance
- Sanctioned Tankers Load Venezuelan Oil Despite US Pressure [Yahoo! Finance]Yahoo! Finance
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