US Plans Chevron License for Minimum Maintenance in Venezuela
The Trump administration is preparing to issue a narrowly tailored license to Chevron Corp., allowing the oil producer to conduct minimal maintenance of essential operations in Venezuela, according to people familiar with the matter.
The Treasury Department plans to grant the waiver permitting Chevron to carry out only critical upkeep and safety-related functions in the sanctioned South American nation, said the people, who asked not to be identified discussing private information.
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