Chevron (NYSE:CVX) +1.3% in Thursday's trading as Reuters reports the cancellation of its license to operate in Venezuela could lead to the negotiation of a new agreement between the U.S. company and state company PDVSA to export crude to destinations other than the U.

A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this week

Chevron (NYSE:CVX) shares slide into the red in Wednesday's trading, -1.1%, after President Trump said he plans to revoke an oil license to operate in Venezuela, citing the country’s failure to take back migrants to the U.

Venezuela President Nicolas Maduro and his government have always rejected sanctions by the United States and others, saying they are illegitimate measures that amount to an “ec

The move appeared to end Chevron’s work in the oil-rich country and was prompted by what the president said was a failure to accepted deportees.

President Donald Trump said he plans to revoke Chevron Corp.’s oil license to operate in Venezuela, threatening to torpedo the nation’s slow economic recovery.