Don’t look now, but Big Oil is making big moves to secure positions in the expanding Venezuelan oil industry as

Chevron (CVX) and Shell (SHEL) are expected to sign agreements that would significantly increase U.S. production of Venezuelan heavy crude and natural gas, Reuters reported Monday. Chevron (CVX) is planning to sign an agreement that would return an offshore gas field to Venezuela and increase its operations in the country’s main oil region,

By Sheila Dang, Marianna Parraga and Deisy Buitrago CARACAS/HOUSTON, April 13 (Reuters) - Chevron is expected to sign agreements on Monday to return a gas field to Venezuela and participate in an extra heavy crude area in the country's main oil region,

HOUSTON/CARACAS, March 10 (Reuters) - International oil majors Chevron and Shell are closing in on the first big oil production ⁠deals with ⁠Venezuela since the U.S. capture of President Nicolas Maduro in January, five sources ⁠close to the ...

Quietly, Venezuela is starting to become investable again. Despite insiders like ExxonMobil CEO Darren Woods initial hesitation (he previously called it uninvestable), big oil is kicking tires and evaluating opportunities in Venezuela,

Labor is under pressure to impose a new 25% export tax amid soaring prices from the global fuel shock

Chevron CVX and Shell SHEL have both navigated a volatile oil price environment while continuing to reward their shareholders. With crude benchmarks under pressure and refining and chemicals margins uneven, investors are weighing balance sheet strength ...

Chevron Corporation CVX is emerging as one of the biggest winners from the recent surge in oil prices caused by the conflict in the Middle East. The closure of the Strait of Hormu