US Edition
State Dept Says Chevron Must Leave Venezuela, Even as American Freed
- Marco Rubio, the U.S. Secretary of State, announced that Chevron’s license to export oil from Venezuela expired as planned on Tuesday, May 27, 2025.
- This expiration contradicts earlier reports and statements by Trump envoy Ric Grenell, who had suggested a 60-day extension might occur.
- The license revocation follows increased sanctions by the Trump administration amid ongoing tensions over Venezuela policy and efforts to curb Maduro's regime and its criminal ties.
- In April, Venezuela's crude and fuel shipments dropped by almost 20% to approximately 700,000 barrels per day, marking a nine-month low, as tightening sanctions and PDVSA's cancellation of shipments impacted exports.
- The license expiration signals a firmer U.S. Stance against Maduro's government, likely reducing Venezuelan oil shipments further and reinforcing sanctions aimed at weakening the regime.
25 Articles
25 Articles
Rubio Confirms Chevron’s Oil License in Venezuela Expires May 27
U.S. Secretary of State Marco Rubio said on May 21 that Chevron’s oil license in Venezuela will expire at the end of May, as planned. “The pro-Maduro Biden oil license in Venezuela will expire as scheduled next Tuesday May 27,” Secretary Rubio wrote on social media platform X, without providing further details. On March 4, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) set April 3 as the deadline for Chevron to sh…
Trump Team’s ‘Game of Thrones’ on Venezuela Whiplashes Chevron
It took barely 24 hours this week for the Trump administration to execute its latest reversal on Venezuela, with the fate of a huge Chevron Corp. venture hanging in the balance as closed-door White House differences broke into the open.
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State Dept says Chevron must leave Venezuela, even as American freed
The US State Department said Thursday that Chevron must wrap up operations in Venezuela next week as scheduled, contradicting an envoy who told a podcast differently after Caracas freed an American.
Marco Rubio Imposes Himself and Forbids U.S. Oil Companies to Continue in Venezuela
The fracture in the dome of the United States on Venezuela’s account is getting worse. And the diplomatic chief points a little and blows the dictator Nicolás Maduro. Marco Rubio has declared this Thursday that the license that allows Chevron to operate in Venezuela will expire next Tuesday, May 27, without intention to renew itself. He did so in a message published in his personal account of X, thus taking away from the efforts of the special e…
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