• U.S. grants Chevron license to pump oil in Venezuela

    2 monthes ago - By Washington Post

    Under a new Treasury Department license, it will be able to resume pumping oil. The limited license stipulates that any oil produced can only be exported to the United States. No profits from its sale can go to the Venezuelan company but must be used to pay off Venezuelan creditors in the United States.
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  • U.S. Allows Chevron to Expand Energy Operations in Venezuela

    2 monthes ago - By NY Times

    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.
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  • Biden Administration Allows Chevron To Pump Oil In Venezuela-Here's Why It's So Controversial

    2 monthes ago - By Forbes

    Chevron has been restricted from working with Venezuela's state-owned oil company since the U.S. implemented sanctions against the country in 2019.
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  • Biden eases Venezuela sanctions as opposition talks resume

    Biden eases Venezuela sanctions as opposition talks resume

    2 monthes ago - By NPR

    The U.S. Treasury Department is allowing Chevron to resume "limited" energy production in Venezuela after years of sanctions have curbed oil and gas profits flowing to President Maduro's government.
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