July 25, 2024

U.S. orders Chevron to ‘wind down’ Venezuela operations by December 1

Wikimedia retrieved

The Trump administration on Tuesday gave Chevron Corp (CVX.N), the last major U.S. oil company still operating in Venezuela, until Dec. 1 to “wind down” its business in the OPEC member-nation and will allow it to conduct only severely limited operations there until then. By Matt Spetalnick, Daphne Psaledakis. Full text -> Reuters

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