HOUSTON, Aug 5 (Reuters) - Chevron ( CVX ) and Valero
Energy ( VLO ) are working to resume a supply agreement of
Venezuelan crude to be refined in the United States, three
sources close to the preparations said on Tuesday, following a
new license granted to the U.S. oil major.
In the first quarter, before Chevron's ( CVX ) license to operate in
Venezuela was revoked, Chevron's ( CVX ) supply of Venezuelan heavy
crude to Valero's refineries from a ship-to-ship operation off
the Caribbean island of Aruba secured some 50,000 barrels per
day (bpd) to the refiner, according to shipping data.
(Reporting by Marianna Parraga and Arathy Somasekhar)