Chevron Ordered to U-Turn Venezuela Oil Ships Ahead of Sanctions

Bloomberg.com · last updated April 11, 2025 – 4:14 PM

Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de Venezuela SA in a blow to the oil major, which was working to secure crude before wrapping up operations in the country when a US sanctions deadline hits in May.

Venezuela’s state producer Petroleos de Venezuela, known as PDVSA ordered Chevron to return the ships Carina Voyager and Dubai Attraction, currently off the country’s coast, to port and discharge their load, according to people with knowledge of the situation.

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