Chief warns country could be vulnerable to Chinese, Russian influence if it is forced to abandon operations there

Chevron CEO Mike Wirth is urging the Donald Trump White House to maintain the company's license to operate in Venezuela, arguing that China and Russia could fill the void in that scenario. Wirth made the plea after U.

President Nicolas Maduro looks on during a press conference after testifying before the electoral chamber at main headquarters of the Supreme Court of Justice on Aug. 2, 2024, at the Miraflores presidential palace in Caracas, Venezuela.

U.S. President Donald Trump's envoy, Richard Grenell, is expected to meet Venezuelan President Nicolas Maduro amid ongoing diplomatic tensions. This development follows the re-imposition of sanctions on Venezuela and Chevron’s efforts to secure a special license for operations in the country.

In 2022, the White House granted Venezuela a financial lifeline “to support the restoration of democracy” after President Nicolás Maduro promised to work toward an open presidential election, granting U.S. energy giant Chevron a permit to pump and expo..

U.S. envoy Richard Grenell is scheduled to meet Venezuelan President Nicolas Maduro in Venezuela amid strained relations between the two nations. The talks are expected to address contentious issues such as sanctions,

U.S. President Donald Trump's envoy Richard Grenell will meet with Venezuelan President Nicolas Maduro on Friday in Venezuela, the U.S. and Venezuela both said.

The two countries have a fraught recent history marked by broken diplomatic relations, sanctions and accusations of criminal activity and coup-plotting.

US President Donald Trump's envoy Richard Grenell said on Friday he was headed back to the United States with six American citizens, a surprise development after he met with Venezuelan President Nicolas Maduro in Caracas.

One of US envoy Richard Grenell's top aims for the visit with Venezuelan President Nicolas Maduro securing the release of detained Americans.

The U.S. pressed for the release of 15 American detainees, offering to continue sanction exemptions for U.S. oil companies.