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US Permits Chevron to Resume Oil Operations in Venezuela

1 min read
Source: Reuters
US Permits Chevron to Resume Oil Operations in Venezuela
Photo: Reuters
TL;DR Summary

Venezuela's state oil company PDVSA is preparing to resume operations under previous US licensing terms once US authorizations for partners like Chevron are reinstated, potentially allowing Venezuela to secure vital revenue through oil exports and swaps, amid ongoing political and economic negotiations.

Topics:business#business#chevron#oil-production#pdvsa#us-sanctions#venezuela
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  1. Venezuela oil company PDVSA readies return to work under previous US terms  Reuters
  2. US prepares to allow limited oil operations in Venezuela, starting with Chevron, sources say  Reuters
  3. Exclusive | Trump Administration Greenlights Chevron to Resume Pumping Oil in Venezuela - WSJ  The Wall Street Journal
  4. Trump quietly renews Chevron’s license in Venezuela, marking shift in U.S. policy  Miami Herald
  5. Trump admin allows Chevron to again pump oil in Venezuela, reversing ban  Fox Business

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