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Chevron in Talks with US for Expanded Venezuela Oil License, Sources Say

2026-01-06T173704Z_1892144768_RC2FAGA7H2EO_RTRMADP_3_CHEVRON-M-A-SHELL-ANGOLA

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Reuters

11:53 JST, January 8, 2026

HOUSTON, Jan 7 (Reuters) – Oil producer Chevron CVX.N is in talks with the U.S. government to expand a key license to operate in Venezuela so it can increase crude exports to its own refineries and sell to other buyers, four sources close to the negotiations said on Wednesday.

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