Chevron Contracts 11 Tankers For Venezuela Port Calls As Don-Roe Doctrine Begins

Chevron stands out as the clear winner among U.S. oil majors, given its unique positioning already in Venezuela. The company already produces a quarter of the country's oil output under a U.S. sanctions waiver and exports crude, giving it an operational and regulatory moat no other oil major can match.With the Monroe Doctrine effectively rebranded as the "Don-Roe Doctrine," reflecting the Trump administration's new approach to exerting control and influence across the Western Hemisphere and rooting out Chin ...