Chevron will have through April 3 to wind down exports from Venezuela, according to an update of the license, published by ...
The Treasury Department said Chevron has 30 days to wind down operations in the country.
The U.S. Treasury followed through on President Donald Trump’s pledge to stop Chevron Corp. from pumping and selling Venezuelan crude, delivering a major blow to Nicolas Maduro’s autocratic regime.
The move — announced by Trump in a Truth Social post last week — will be a major blow to Venezuela. Chevron produces about a ...
U.S. President Donald Trump on Wednesday said he was reversing a license given to Chevron to operate in Venezuela by his ...
Oil prices rose more than 2% on Thursday as supply concerns resurfaced after U.S. President Donald Trump revoked a licence ...
The cancellation of a license for Chevron to operate in Venezuela could lead to the negotiation of a fresh agreement between ...
US President Donald Trump’s plan to revoke Chevron Corp.’s operating license in Venezuela threatens to force the nation’s oil ...
Treasury is preparing to take action to wind-down General License 41 and other specific licenses as appropriate,” the Office of Foreign Asset Control (OFAC) said in a brief ...
The move appeared to end Chevron’s work in the oil-rich country and was prompted by what the president said was a failure to ...
Chevron Corp (NYSE: CVX) shares fell 1.2% following the U.S. Treasury’s decision to enforce President Donald Trump’s ...
María Corina Machado, the most prominent figure in the country’s opposition movement, argued the measures are needed to stop ...
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