Chevron Seeks Easing Of Some U.S. Sanctions On Venezuela’s Oil ...Middle East

U.S. supermajor Chevron is discussing with the U.S. Department of State the possibility that the United States ease some of the sanctions imposed on Venezuela’s oil industry by the Trump Administration, sources familiar with this week’s meetings told Bloomberg on Thursday. Chevron, which has been operating in Venezuela for decades, has been repeatedly given a waiver to operate in the country sitting on the world’s biggest oil reserves. The latest extension from the U.S. Department of Treasury came in November 2020, allowing Chevron…

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