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PDVSA Revokes Authorization for Chevron to Export Venezuelan Oil

Summary by Oil Price
Venezuelan state-owned oil firm PDVSA has revoked authorizations to U.S. supermajor Chevron to load and export crude from Venezuela this month, following the Trump Administration’s increased sanctions on Venezuelan oil exports and tariffs on its oil buyers, Reuters reports, quoting sources familiar with the matter. The Trump Administration has already revoked Chevron’s license to operate in Venezuela and export oil from its oilfields, with May 2…

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elperiodicodelaenergia.com broke the news in on Friday, April 11, 2025.
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