US EditionChevron calls employees back to Venezuela as oil exports resume
Chevron resumed exports after a four-day pause and called 20 Venezuela-division staff back as it operates near 240,000 barrels per day, the highest since January 1, sources said.
- Chevron calls employees back to Venezuela as oil exports resume after the U.S. military capture of President Nicolás Maduro.
- Energy stocks rally, with Chevron up over 6% and seen as a first mover in immediate production expansion in Venezuela.
- Analysts warn that a sudden influx of Venezuelan crude could further suppress oil prices long-term, but investors focus on infrastructure rebuilding play.
27 Articles
27 Articles
New York, Jan 6 (EFE).- The oil company Chevron has sent at least eleven tankers to Venezuela and is expected to arrive at two ports controlled by the government of the Caribbean country in the midst of the changes following the arrest of its president, Nicolás Maduro, by the US, reported this Tuesday Bloomberg. At least eleven ships chartered by Chevron, the only oil licensed to export to the Venezuelan oil industry, will arrive at the ports of…
"We're going to get our big U.S. oil companies, the biggest in the world, to come in, spend billions of dollars, fix the infrastructure so damaged, and start making money for the country."It's the message that Donald Trump broadcast at a press conference after materializing the 'Absolute Resolution', the operation that ended with the arrest of Venezuelan leader Nicolás Maduro and his wife Cilia Flores, in an intervention where the head of the Wh…
The Sanford Herald
Chevron helps lift Dow to record as oil market weighs Venezuela shake-up
Oil prices finished higher Monday on a heady day for global equities after the US capture of Venezuela's president sparked speculation on the implications for future crude supplies.
Chevron calls employees back to Venezuela as oil exports resume
Chevron , the only U.S. oil major operating in Venezuela, is calling employees back to the South American country as its crude exports to the U.S. resume and it tries to secure normal operations, according to a source and shipping data.
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