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US allows wind down of Chevron-Venezuela transactions until April 3
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US allows wind down of Chevron-Venezuela transactions until April 3
Mar 4, 2025 8:07 AM

WASHINGTON, March 4 (Reuters) - The United States on

Tuesday said it would allow the wind down of certain

transactions related to Chevron's ( CVX ) joint venture with

Venezuela through 12:01 a.m. on April 3, 2025, according to a

notice on the U.S. Treasury Department's website.

Representatives for the Venezuelan government did not

immediately respond to a request for comment on the move, which

comes after U.S. President Donald Trump axed Chevron's ( CVX ) Venezuela

oil license last week.

(Reporting by Susan Heavey in Washington and Vivian Sequera in

Caracas)

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