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Chevron Oil Exports Wind-Down in Venezuela

Sector: Oil and Gas • Location: Venezuela

Source: Offshore-Energy

Project
Cancelled

Chevron has been given a 30-day deadline to halt its crude oil production and exports in Venezuela following the revocation of its license by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC). This decision is part of a broader sanctions strategy against the Maduro government in Venezuela.

Status
Failure
Sector
Oil and Gas, Commercial, Residential, Government, Wind
Location
Venezuela
Updated
22 Jul 2026
Source
Offshore-Energy

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Project Information

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The project “Chevron Oil Exports Wind-Down in Venezuela” is an infrastructure initiative in the Oil and Gas sector, located in Venezuela. Taiyo aggregates data on it from Offshore-Energy.

Participants

Not available for this record.

Status

Original status

Cancelled

Taiyo status

Failure

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Chevron has been given a 30-day deadline to halt its crude oil production and exports in Venezuela following the revocation of its license by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC). This decision is part of a broader sanctions strategy against the Maduro government in Venezuela.

Original sector

Energy

Location

Country

Venezuela

Source

Source

Offshore-Energy

URL

More Details

Record type

Project

Sector

Oil and Gas, Commercial, Residential, Government, Wind

Article published date

2025-03-07

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