Trump open to extending Chevron’s license to produce oil in Venezuela, WSJ reports
- President Donald Trump canceled a waiver for Chevron, citing electoral reform and migration issues in Venezuela.
- Following the waiver's cancellation, PDVSA will independently continue oil production, planning to produce between 105,000 and 138,000 barrels per day.
- In a recent White House meeting, Trump and Cabinet members discussed balancing U.S. Foreign policy with energy interests and explored incentivizing oil imports from Venezuela.
- Trump expressed openness to modifying oil agreements with Nicolás Maduro's regime, stating that concessions made by his predecessor were ineffective and unmet.
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Trump weighs extending Chevron's license for Venezuela operations, WSJ reports
U.S. President Donald Trump's administration is considering a plan to extend Chevron's license to pump oil in Venezuela, the Wall Street Journal reported on Thursday, citing people familiar with the discussions.
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Total News Sources71
Leaning Left11Leaning Right7Center5Last UpdatedBias Distribution48% Left
Bias Distribution
- 48% of the sources lean Left
48% Left
L 48%
C 22%
R 30%
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