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Chevron CEO seeks more time to wind up Venezuela operations, WSJ reports
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Chevron CEO seeks more time to wind up Venezuela operations, WSJ reports
Mar 19, 2025 3:54 PM

(Reuters) -U.S. oil giant Chevron ( CVX ) is lobbying Washington to allow more time to wind down its operations in Venezuela, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

U.S. President Donald Trump's administration this month granted Chevron ( CVX ) 30 days through early April to wrap up all oil operations and exports from Venezuela currently going to the United States under a license granted in 2022.

The company's CEO, Mike Wirth, spoke privately this week with people in Trump's cabinet, including Secretary of State Marco Rubio and Treasury Secretary Scott Bessent, asking for an extension of at least 60 days beyond the April deadline, according to the WSJ report.

Chevron ( CVX ) did not immediately respond to a Reuters request for comment.

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