Reports
News
Opinions
Statements
Relations
business Feb 12, 2026, 4:37 PM
Chevron resumes Venezuelan crude processing after Maduro's arrest - Chevron has resumed processing Venezuelan crude oil at its Pascagoula refinery in Mississippi.
- The refinery can currently process about 50,000 barrels per day of Venezuelan oil, with plans to increase this capacity.
- This development may help drive down oil costs for American consumers and signals a potential improvement in U.S.-Venezuelan relations.
100
business Feb 12, 2026, 2:15 PM
Libya grants oil exploration rights to major foreign energy companies - Libya has awarded new exploration rights for five oil and gas blocks to major foreign energy companies.
- Among the companies recognized are US multinational Chevron, Italy's Eni, QatarEnergy, and Spain's Repsol.
- This effort aims to revive Libya's crucial energy sector and attract international investment.
100
business Feb 5, 2026, 12:53 AM
Syria signs major deal for offshore oil development amid recovery efforts - Syria's state-owned petroleum company signed an agreement with Chevron and a Qatari investor for offshore oil development.
- The deal aims to enhance strategic partnerships in Syria's energy sector, focusing on exploration and resource development.
- This is a significant step in the country's recovery after years of conflict, marking a potential revival of its oil industry.
100
business Jan 4, 2026, 12:11 PM
Chevron stays in Venezuela as Trump encourages U.S. energy firms to invest billions - Chevron is currently the only U.S. oil company operating in Venezuela amid uncertainties regarding other firms' return.
- The Trump administration believes there's potential for U.S. energy firms to invest heavily in revitalizing Venezuela's oil infrastructure.
- The overall sentiment is that without significant governance changes, the sanctions on Venezuela's oil will remain enforced, thus limiting international investment.
200
2026 All rights reserved
2026 All rights reserved