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Trump open to extending Chevron's license to produce oil in Venezuela, WSJ reports [MSNBC.com]

Chevron Corporation (CVX) More Company Research Source: MSNBC.com

Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report

US:NYSE Investor Relations: chevron.com/investors

PresidentDonald TrumpThe Wall Street JournalTrump said in late February that he would reverse a Biden administration decision that allowed Chevron to restart production in Venezuela. The Treasury Department gave Chevron until April 3 to wind down its operations.But the president was open to extending the license during a meeting withChevron does business in Venezuela through a partnership with its national oil company Petróleos de Venezuela. The oil major has stakes in five onshore and offshore projects in western and eastern Venezuela. Secretary Chris Wright declined to go into specifics on what was discussed with Chevron at the meeting Wednesday when asked during an interview with CNBC. Chevron also declined to comment on what was discussed."Chevron executives meet regularly with government officials in Washington to engage constructively on issues related to our business — both in the U.S. and abroad," spokesperson Bill Turenne said. "We do not confirm or comment on those discussio [Read more]

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