By Melih Baş Recently, Türkiye has signed energy agreements with US energy giants. These include cooperation on energy exploration in the Black Sea and the Mediterranean, as well as partnerships for overseas operations. Lastly on February 5, the Ministry of Energy and Natural Resources announced that Turkish Petroleum Corporation (TPAO) signed a joint oil and gas exploration agreement with Chevron. ...
By Douglas Bolívar / Caracas, Venezuela The US administration has loosened its sanctions targeting the Bolivarian Republic of Venezuela on November 26. The Office of Foreign Asset Control (OFAC) within the Treasury Department and responsible for applying sanctions, has granted the US oil company Chevron a license limited authorization to resume pumping oil from Venezuela for the duration of 6 ...
On June 3, 2021, the United States Department of the Treasury announced that it was renewing the operating license for the oil company Chevron (formerly Standard Oil) in Venezuela. This is the seventh license that the US government has given the multinational oil company since January 2019, when then-President Donald Trump reaffirmed sanctions against the Venezuelan oil company Petróleos de ...