FILE PHOTO: The logo of Chevron is seen at the company’s office in Caracas, Venezuela April 25, 2018. REUTERS/Marco Bello
November 17, 2020
WASHINGTON (Reuters) – The U.S. Treasury Department on Tuesday issued a new license to Chevron Corp <CVX.N>, the last major U.S. oil company still operating in Venezuela, giving it until June 3 to wind down its joint ventures in the OPEC member nation.
The license also applies to Halliburton <HAL.N>, Schlumberger Limited <SLB.N>, GE company Baker Hughes <GE.N> and Weatherford International. The previous license authorized the wind down of Venezuela activities until Dec. 1.
(Reporting by Daphne Psaledakis and Timothy Gardner)
