11:32 AM EDT, 03/20/2025 (MT Newswires) -- The Trump administration is set to extend the deadline for at least 30 days for Chevron ( CVX ) to end its Venezuela operations, Bloomberg reported Thursday, citing people familiar with the matter.

US officials have already indicated to Chevron ( CVX ) that it will be granted more time past the April 3 deadline to halt its operations with the state-owned driller Petroleos de Venezuela, the report said.

Chevron ( CVX ) did not immediately reply to a request for comment from MT Newswires.

Shares were edging 0.3% lower in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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