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Chevron-chartered tanker docks at Venezuela to load oil after new US license

ReutersAug 12, 2025 6:52 PM

- A Chevron-chartered CVX.N tanker docked at Venezuelan state company PDVSA's Jose terminal on Tuesday, becoming the first vessel set to load a crude cargo bound for the United States after a new U.S. license, LSEG tracking data showed.

The U.S. Treasury Department late last month authorized Chevron to operate in the sanctioned OPEC nation again, export its oil and do swaps with PDVSA through a restricted license banning any payments to Venezuela's government.

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