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On the 24th local time, Venezuelan President Nicolas Maduro publicly confirmed that Chevron has been approved to continue operating in the Commission. Maduro said, “Just as we have always conveyed to all international companies — Venezuela welcomes companies from all countries to invest and develop businesses.” He said, “In the past few months of being coerced by sanctions, China's petroleum industry has achieved 12% growth. These achievements are not dependent on any licensing.” Maduro said that the working group is now in place and will assist Chevron to resume operations in the Commission in accordance with the law. According to information, Chevron is currently the last oil company in the US to maintain operations in Venezuela.

Zhitongcaijing·07/25/2025 01:09:02
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On the 24th local time, Venezuelan President Nicolas Maduro publicly confirmed that Chevron has been approved to continue operating in the Commission. Maduro said, “Just as we have always conveyed to all international companies — Venezuela welcomes companies from all countries to invest and develop businesses.” He said, “In the past few months of being coerced by sanctions, China's petroleum industry has achieved 12% growth. These achievements are not dependent on any licensing.” Maduro said that the working group is now in place and will assist Chevron to resume operations in the Commission in accordance with the law. According to information, Chevron is currently the last oil company in the US to maintain operations in Venezuela.