Chevron has been granted license to pump crude in Venezuela, but first it must collect debt, repair equipment and bolster its workforce while facing outages and security threats
in its Venezuela policy when it allowed Chevron Corp.
to pump oil in the South American country again, but the decision will yield little increase to the world’s oil production in the short-term.at Venezuela’s aging oil fields and a complicated network of remaining U.S. sanctions that must be altered to ensure more of the country’s oil reaches the global market.
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US Treasury authorizes Chevron to expand oil pumping in VenezuelaThe U.S. government has awarded Chevron Corp. an expanded license to import oil from Venezuela following talks between the socialist Maduro regime and opposition leaders.
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Chevron Gets New U.S. License to Pump Oil in Venezuela AgainThe U.S. said it would allow Chevron to resume pumping oil from its Venezuelan oil fields after President Nicolás Maduro’s government and an opposition coalition agreed to implement a humanitarian program and continue dialogue on efforts to hold free and fair elections.
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US provides Chevron limited authorization to pump oil in Venezuela after reaching humanitarian agreement | CNN PoliticsThe US has granted Chevron limited authorization to resume pumping oil from Venezuela following the announcement Saturday that the Venezuelan government and the opposition group have reached an agreement on humanitarian relief and will continue to negotiate for a solution to the country's chronic economic and political crisis, including a focus on the 2024 elections.
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U.S. gives Chevron go ahead to pump oil in Venezuela againThe Treasury Department on Saturday said it would allow Chevron to resume pumping oil from Venezuela oil fields.
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