US allows wind down of Chevron-Venezuela transactions until April 3
ReutersMar 4, 2025 3:34 PM
WASHINGTON, March 4 (Reuters) - The United States on Tuesday said it would allow the wind down of certain transactions related to Chevron's CVX.N joint venture with Venezuela through 12:01 a.m. on April 3, 2025, according to a notice on the U.S. Treasury Department's website.
Representatives for the Venezuelan government did not immediately respond to a request for comment on the move, which comes after U.S. President Donald Trump axed Chevron's Venezuela oil license last week.
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