The Biden administration on Saturday authorized Chevron Corp.’s joint venture to resume oil pumping in Venezuela. “The Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Venezuela General License (GL) 41, authorizing Chevron Corporation to resume limited natural resource extraction operations in Venezuela,” the Treasury Department said in a statement. The goal of…
Biden Admin Authorizes Chevron to Resume Oil Pumping in Venezuela
November 26, 2022
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