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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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cronicadigital.cl broke the news in on Monday, March 10, 2025.
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