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U.S. Eases Oil Sanctions on Venezuela, Chevron to Resume Some Production
2 monthes ago | By Newsweek
The move came after the Venezuelan government and the Unitary Platform, a Venezuelan opposition group, reached a humanitarian agreement on Saturday.
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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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U.S. Eases Sanctions on Venezuela With Chevron Resuming Oil Output
2 monthes ago | By Time
The Biden administration granted oil giant Chevron Corp. a license to resume oil production in Venezuela after U.S. sanctions halted all drilling activities almost three years ago.
The reprieve coincided with the resumption of talks by Venezuela's battling political factions on Saturday with a deal to work together on a humanitarian spending plan.
Chevron received a six-month license that authorizes the company to produce petroleum or petroleum products in Venezuela, according to a general license from the US Treasury Department.
The San Ramon, California-based driller is also allowed to...
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