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EXCLUSIVE-Chevron expected to receive expanded Venezuela license from US this week, oil industry sources say

ReutersJan 14, 2026 7:35 PM

- Chevron CVX.N is expected to receive an expanded Venezuela license from the U.S. this week that could allow for increased production from the South American country, oil industry sources told Reuters.

A Chevron spokesperson said the company operates in compliance with all laws, regulations and sanctions frameworks.

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