• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home Technology & Startups

Venezuela oil exports rise on Chevron’s cargoes, more supply to China

February 4, 2025
in Technology & Startups
Reading Time: 2 mins read
A A
0
4
SHARES
9
VIEWS
Share on FacebookShare on Twitter


By Marianna Parraga

(Reuters) – Venezuela’s oil exports rose 15% to some 867,000 barrels per day in January, driven by an increase in shipments by U.S. major Chevron Corp from its joint ventures with state firm PDVSA, and more cargoes to China, data based on vessel movements showed.

The administration of former U.S. President Joe Biden last year did not renew a broad authorization for sanctioned Venezuela to freely export its oil, but granted individual licenses to some PDVSA partners and customers, allowing exports to flow to markets such as the U.S., Europe and India.

President Donald Trump has said the U.S. does not need Venezuela’s oil, but has not taken any action to amend or revoke licenses as his government makes initial contacts with Venezuelan President Nicolas Maduro, whose re-election last year was not recognized by Washington.

In January, Chevron increased exports of Venezuelan oil to 294,000 bpd, the highest since the U.S. producer began shipments under its license in early 2023, and above a previous high of 280,000 bpd in October, according to LSEG data and PDVSA’s internal exports records.

All Chevron’s cargoes went to the U.S. for processing at its own refineries and sales to others.

China remained the largest market for Venezuela’s oil last month with 442,000 bpd, 21% above the 364,000 bpd shipped to that destination in December.

Venezuela’s exports to Europe doubled to 63,000 bpd from 30,500 bpd in December, while shipments to India averaged 60,100 bpd, in line with previous months. Exports to Maduro’s political ally Cuba declined to less than 10,000 bpd of fuel, from 29,000 bpd the previous month.

Stable crude processing operations in Venezuela’s largest oil producing region, the Orinoco Belt, contributed to higher exports, according to one of the internal documents.

However, inventories of heavy crude there, which are essential for exports, fell to 6.2 million barrels from 7.5 million barrels at the end of December, which could lead to lower exports this month.

Venezuela also exported 360,000 metric tons of oil byproducts and petrochemicals in January, above the 209,000 tons of the previous month.

PDVSA and its joint ventures imported 111,000 bpd of heavy naphtha and other fuels last month, below the 130,000 bpd of December, according to the data.

(Reporting by Marianna Parraga in Houston; Editing by Nia Williams)

Tags: Chevron Corpexportsoil exportsPDVSAPresident Joe BidenVenezuelaVenezuelan oil
Previous Post

Predators fans join Canadian trend and boo ‘O Canada’

Next Post

Call for German age of criminal responsibility to be lowered to 12

Related Posts

Nvidia to launch cheaper Blackwell AI chip for China after US export curbs, sources say

May 24, 2025
5

US plans Chevron license for minimum maintenance in Venezuela, Bloomberg News reports

May 24, 2025
7
Next Post
Download app from appStore

Call for German age of criminal responsibility to be lowered to 12

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024

Police ID man who died after Corso Italia fight

December 23, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Al Baraka Bank Egypt Sign a Documentary Credit Insurance Policy to Support Export Transactions Backed by Letters of Credit Worth USD 50 Million

May 24, 2025
Copy Link

City’s Miedema expects to be fit for Euro 2025

May 24, 2025
Japan signals intent to reach US tariff deal by G-7 in June

Japan signals intent to reach US tariff deal by G-7 in June todayheadline

May 24, 2025

Edgewell Personal Care's SWOT analysis: stock faces headwinds amid global growth todayheadline

May 24, 2025

Recent News

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Al Baraka Bank Egypt Sign a Documentary Credit Insurance Policy to Support Export Transactions Backed by Letters of Credit Worth USD 50 Million

May 24, 2025
4
Copy Link

City’s Miedema expects to be fit for Euro 2025

May 24, 2025
4
Japan signals intent to reach US tariff deal by G-7 in June

Japan signals intent to reach US tariff deal by G-7 in June todayheadline

May 24, 2025
3

Edgewell Personal Care's SWOT analysis: stock faces headwinds amid global growth todayheadline

May 24, 2025
4

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Al Baraka Bank Egypt Sign a Documentary Credit Insurance Policy to Support Export Transactions Backed by Letters of Credit Worth USD 50 Million

May 24, 2025
Copy Link

City’s Miedema expects to be fit for Euro 2025

May 24, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co