Trump plans to revoke Venezuela oil licence, dealing blow to US supermajor

Chevron’s 2022 licence from Biden administration had allowed for ‘limited’ operations in the country

US President Donald Trump listens during a Cabinet meeting at the White House in Washington, DC, on Tuesday. — US President Donald Trump listens during a Cabinet meeting at the White House in Washington, DC, on Tuesday.Photo: AP/SCANPIX

Robert Stewart

North America Energy CorrespondentBaton Rouge

Published 26 February 2025, 21:52Updated 27 February 2025, 07:28

Donald Trump Chevron Venezuela OFAC US Treasury Department