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Chevron Pumping 'Limited' Amount of Oil in Venezuela: CEO
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El EconomistaThe CEO of the company highlighted in a conference to announce its quarterly results that exports will begin with a "limited amount"
News to the Day and the Hour Latest News today Tito López, president of the Venezuelan Confederation of Industrialists (Conindustria), considered that the resumption of the operations of the oil company Chevron in the country will help to activate the economy more. The president of the Venezuelan Confederation of Industrialists (Conindustria), Tito López, pointed out that the Venezuelan industrial sector is waiting "for the start of the reactiv…
The Venezuelan Confederation of Industrialists (Conindustria) plans that the resumption of Chevron operations in the country will increase the flow of foreign exchange and boost the economy. Its president, Tito López, considers positive the return of the operations of the US oil company because he believes that it will increase the productive capacity of the oil activity in Venezuela. “It is [...] The entry Conindustria considers that return of …
The U.S. oil company Chevron announced this Friday, August 1, that it will resume oil production in Venezuela from this month, albeit in limited quantities. The company’s CEO, Mike Wirth, confirmed that the oil extracted will be exported to the U.S., in compliance with the current sanctions policies.
Chevron’s Exports of Venezuelan Oil Expected to Resume This Month, CEO Says - Energy News, Top Headlines, Commentaries, Features & Events
(Reuters) – U.S. oil producer Chevron expects its exports of Venezuelan crude to the U.S. to resume this month, the company’s chief executive said on Friday, following a restricted license received this week from the U.S. Treasury Department to operate in the sanctioned country and do oil swaps. Chevron’s CEO Mike Wirth also said in ...
Chevron pumping 'limited' amount of oil in Venezuela: CEO
Chevron expects to produce a “limited amount of oil” in August from Venezuela for export to the United States, the company’s CEO said Friday. “This month, it looks like there will be a limited amount of oil that will begin flowing to the US from the Venezuela operations that we have an interest in, consistent with US sanctions policy,” Chief Executive Mike Wirth said in an earnings conference call with analysts. The comment came in response to a…
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