U.S. Allows Chevron to Expand Energy Operations in Venezuela

U.S. Allows Chevron to Expand Energy Operations in Venezuela

The license, limited in scope, was issued amid the resumption of talks between the Venezuelan government and opposition, and comes as President Nicolás Maduro desperately needs to improve the economy.
Ukraine’s Allies Struggle to Agree on Plan to Curb Russia’s Oil Revenue

Ukraine’s Allies Struggle to Agree on Plan to Curb Russia’s Oil Revenue

The policy must be in place before an E.U. embargo on Russian oil imports kicks in on Dec. 5. The talks are set to resume next week.