22-05-2025
Rubio says oil license in Venezuela will expire May 27
WASHINGTON, May 22 (Reuters) - A U.S. oil license in Venezuela will expire on May 27, Secretary of State Marco Rubio said in a post on his personal X account late Wednesday.
U.S. oil company Chevron's (CVX.N), opens new tab license to operate in the country had been set to expire next week. "The pro-Maduro Biden oil license in #Venezuela will expire as scheduled next Tuesday May 27," Rubio wrote.
The State Department and the Treasury Department did not immediately reply to requests for comment on Rubio's post.
U.S. President Donald Trump envoy Richard Grenell, who on Tuesday announced the release of an American detained for months in Venezuela, had met in Antigua with Jorge Rodriguez, the head of Venezuela's ruling party-allied legislature, two sources told Reuters.
The sources said Grenell had offered to extend by 60 days the wind-down period for a license allowing U.S. oil company Chevron to operate in the country. It had been set to expire on May 27.
Chevron also did not immediately respond to a request for comment.
Any 60-day extension would need to be approved by the U.S. Treasury Department and State Department.
