The Trump administration announced late Wednesday that it is revoking Biden administration-issued licenses for oil and gas development in Venezuela
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Latin Times on MSNThree Latino Reps. Led Trump To Revoke Chevron's Venezuela Oil License: 'They're Going Crazy'Balart, Carlos Gimenez and Maria Elvira Salazar suggested they could withhold their votes for the budget deal narrowly passed in the House
The move appeared to end Chevron’s work in the oil-rich country and was prompted by what President Trump said was a failure to accept deportees.
President Donald Trump revoked a license granted to Chevron by his predecessor, Joe Biden, two years ago. Trump announced the decision in a late Wednesday post on Truth Social. The decision comes as Trump accuses Venezuelan President Nicolás Maduro of failing to make the necessary headway on election changes and migrant returns.
The US president cited Venezuela's “electoral conditions” as a reason, adding that the regime hasn’t taken back “violent criminals” at a fast-enough pace.
The Trump administration on Tuesday gave Chevron 30 days to stop oil production in Venezuela after Washington accused President Nicolas Maduro of not making progress on electoral reforms and migrant returns.
Chevron responded Wednesday to President Donald Trump's decision to terminate a U.S. permit allowing the company to pump and export Venezuelan oil, saying it is assessing the implications of the move.
Former U.S. President Donald Trump announced the revocation of Chevron's license to operate in Venezuela, reversing Joe Biden's prior concession. Trump accused Venezuelan President Nicolas Maduro of not advancing electoral reforms.
Former President Donald Trump announced the reversal of oil-related concessions given to Venezuela by President Joe Biden's administration, which had allowed Chevron to expand operations in the country.
US Treasury Department’s Office of Foreign Asset Control orders Chevron to wind down joint venture operations by 3 April
United States President Donald Trump has announced he will be reversing an oil transaction agreement with Venezuela.
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