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Chevron's CEO Seeks Extension to Wind Down Operations in VenezuelaChevron Corporation's CVX CEO, Mike Wirth, has been actively working behind the scenes in Washington to secure more time to wind down operations in Venezuela, following President Trump's decision ...
The company can maintain key infrastructure but is barred from importing oil from the South American country.
Experts said that the 30-day wind-down period gives Chevron little time to do anything else than to hand the operations they are running to state-run Petróleos de Venezuela, PDVSA, its partner in ...
While not officially taking over Chevron’s assets, Chinese companies like China Concord Petroleum and Anhui Guangda Mining ...
The cryptocurrency exchange El Dorado — often used as a benchmark for Monitor Dólar — also shut down operations in Venezuela ...
The Trump administration extended Chevron Corp.’s deadline to halt its operations in Venezuela, following lobbying efforts by the Texas-based oil giant. US officials granted Chevron through May ...
He mentioned that if Chevron halts operations, that would create a void for Chinese and Russian companies to fill. "We're the only American company that remains on the ground in Venezuela ...
Trump had ordered the US oil giant to wind down its operations in Venezuela earlier this month, but during a White House meeting with Chevron CEO Mike Wirth and other top executives on Wednesday ...
US gave Chevron until early April to wrap up in ... Washington has in recent years authorized some companies to maintain operations in Venezuela and export oil to certain markets, including ...
Venezuelan Presidency/AFP via Getty Images Chevron exports about 240,000 barrels per day of crude from its Venezuela operations, over a quarter of the country’s entire oil output.
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