Trump Rescinds US Oil Tycoon's License to Buy Venezuelan Asphalt [Yahoo! Finance Canada]
Chevron Corporation (CVX)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Texas-based Global Oil Terminals, owned by Sargeant, must wind down operations in Venezuela by May 27, the person said Saturday. The company has until April 2 to pay any remaining debt owed to state oil company Petroleos de Venezuela. The Wall Street Journal reported late Friday that Sargeant's oil-trading company was ordered to leave Venezuela, citing a letter from the US Treasury Department. The Trump administration recently gave Chevron a May 27 deadline to wrap up its operations with Venezuela as a way to pressure President Nicolas Maduro's autocratic regime to make democratic reforms and accept more migrants from the US. Sargeant had initially obtained a two-year-waiver in May of last year, allowing Global Oil Terminals to purchase and transport asphalt to the US and the Caribbean region. A US Treasury press official didn't immediately respond to a request for comment. Most Read from Bloomberg Businessweek ©2025 Bloomberg L.P. Recommended S
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News
- U.S. Futures, Global Markets Rise as Commodities Spurred by Trump's Venezuela Blockade [Yahoo! Finance]Yahoo! Finance
- Oil jumps 2% as Trump's Venezuela blockade stokes uncertainty [CNBC]CNBC
- Trump Revised Chevron’s Venezuela Deal. Maduro’s Oil Trader Profited. [The New York Times]The New York Times
- Oil Gains After Trump Orders Blockade of Tankers Off Venezuela [Yahoo! Finance]Yahoo! Finance
- Oil Gains After Trump Orders Blockade of Tankers Off Venezuela [Yahoo! Finance Canada]Yahoo! Finance Canada
CVX
Earnings
- 10/31/25 - Beat
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Sec Filings
- 12/9/25 - Form 8-K
- 12/8/25 - Form 3
- 12/8/25 - Form 3
- CVX's page on the SEC website