US EditionState Dept Says Chevron Must Leave Venezuela, Even as American Freed
- Marco Rubio, the U.S. Secretary of State, announced that Chevron’s license to export oil from Venezuela expired as planned on Tuesday, May 27, 2025.
- This expiration contradicts earlier reports and statements by Trump envoy Ric Grenell, who had suggested a 60-day extension might occur.
- The license revocation follows increased sanctions by the Trump administration amid ongoing tensions over Venezuela policy and efforts to curb Maduro's regime and its criminal ties.
- In April, Venezuela's crude and fuel shipments dropped by almost 20% to approximately 700,000 barrels per day, marking a nine-month low, as tightening sanctions and PDVSA's cancellation of shipments impacted exports.
- The license expiration signals a firmer U.S. Stance against Maduro's government, likely reducing Venezuelan oil shipments further and reinforcing sanctions aimed at weakening the regime.
28 Articles
28 Articles
Rubio Confirms Chevron’s Oil License in Venezuela Expires May 27
U.S. Secretary of State Marco Rubio said on May 21 that Chevron’s oil license in Venezuela will expire at the end of May, as planned. “The pro-Maduro Biden oil license in Venezuela will expire as scheduled next Tuesday May 27,” Secretary Rubio wrote on social media platform X, without providing further details. On March 4, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) set April 3 as the deadline for Chevron to sh…
Washington: There is 'No Confusion,' Chevron Will Lose License in Venezuela on May 27
Caracas (OrinocoTribune.com)—US State Department spokesperson Tammy Bruce insisted that US oil company Chevron’s license to operate in Venezuela will be revoked on May 27. This statement contradicted White House special envoy Richard Grenell’s claim of a 60-day extension. During a May 22 press conference, Bruce confirmed Secretary Marco Rubio’s position on the Chevron case, stating there is no “confusion” about the issue and asserting Rubio’s au…
Trump Team’s ‘Game of Thrones’ on Venezuela Whiplashes Chevron
It took barely 24 hours this week for the Trump administration to execute its latest reversal on Venezuela, with the fate of a huge Chevron Corp. venture hanging in the balance as closed-door White House differences broke into the open.
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State Dept says Chevron must leave Venezuela, even as American freed
The US State Department said Thursday that Chevron must wrap up operations in Venezuela next week as scheduled, contradicting an envoy who told a podcast differently after Caracas freed an American.
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