While the stock hasn’t shown much momentum, the business remains robust: although revenue has declined at an average of 6.2% annually over the last three

Chevron CEO Mike Wirth explains why the company—the only U.S. energy firm still operating in Venezuela—is maintaining its presence despite escalating tensions. Recorded on Dec. 9, 2025.

Chevron (CVX) is preparing to ship about 1 million barrels of Venezuelan crude, a day after President Donald Trump accused the country of using oil revenues to fund drug trafficking and terrorism. The company,

Chevron Corp. is flying employees from Caracas to its oil production sites in Venezuela despite a US warning to operators that air travel in the region may be unsafe due to military satellite interference.

The president said in a Truth Social post Venezuela should return those assets to the U.S. and declared an oil tanker blockade.

Chevron Corp. is currently engaged in talks with the Trump administration over its Venezuelan operations, with Chief Executive Officer Mike Wirth emphasizing that its continued presence there is beneficial to U.

Chevron has lowered the price of Venezuelan crude offered to US refiners after an oil tanker was seized by American forces in the Caribbean last week, Bloomberg reported.

Chevron Corp. is preparing to export up to 1 million barrels of crude from Venezuela, even as U.S. pressure on the country’s oil trade intensifies following fresh accusations from President Donald Trump.

Earlier in July, Bloomberg reported that Chevron would hand over a percentage of its Venezuelan production to the Maduro government under new terms negotiated after receiving a U.S. license to restart operations.