Chevron Gets U.S. License to Pump Oil in Venezuela Again
Chevron Gets U.S. License to Pump Oil in Venezuela Again
The license was granted after Venezuelan President Nicolás Maduro’s government and an opposition coalition agreed to implement a humanitarian program...




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WASHINGTON—The U.S. Stated it would allow Chevron Corp. to resume pumping oil from its Venezuelan oil fields after President Nicolás Maduro’s authorities and an competition coalition agreed to enforce an predicted $3 billion humanitarian treatment software and maintain communicate in Mexico City on efforts to maintain free and truthful elections.

Following the Norwegian-brokered settlement sed in Mexico City, the Biden management granted a license to Chevron that allows the California-primarily based absolutely oil business enterprise to head back to its oil fields in joint ventures with the Venezuela national oil business enterprise, Petróleos de Venezuela SA. The new license, granted thru the Treasury Department, allows Chevron to pump Venezuelan oil for the number one time in years.

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