US EditionTrump open to extending Chevron’s license to produce oil in Venezuela, WSJ reports
- President Donald Trump canceled a waiver for Chevron, citing electoral reform and migration issues in Venezuela.
- Following the waiver's cancellation, PDVSA will independently continue oil production, planning to produce between 105,000 and 138,000 barrels per day.
- In a recent White House meeting, Trump and Cabinet members discussed balancing U.S. Foreign policy with energy interests and explored incentivizing oil imports from Venezuela.
- Trump expressed openness to modifying oil agreements with Nicolás Maduro's regime, stating that concessions made by his predecessor were ineffective and unmet.
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71 Articles
Venezuela: Chevron Lobbies for Extension as Trump Weighs New Sanctions Scenario - Venezuelanalysis
Caracas, March 22, 2025 (venezuelanalysis.com) – The Donald Trump administration is considering granting Chevron more time to cease its activities in Venezuela following lobbying efforts by the US oil giant to secure an extension. In recent days, company CEO Mike Wirth met with several members of Trump’s cabinet before taking part in a larger gathering of oil executives with the president himself. He reportedly argued for an extension of the ex…
Trump weighs extending Chevron's license for Venezuela operations, WSJ reports
U.S. President Donald Trump's administration is considering a plan to extend Chevron's license to pump oil in Venezuela, the Wall Street Journal reported on Thursday, citing people familiar with the discussions.
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