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US orders Chevron to wind down Venezuela operations

US Treasury Department’s Office of Foreign Asset Control orders Chevron to wind down joint venture operations by 3 April

Venezuelan Petroleum Minister Tareck El Aissami signs a document during an agreement signing ceremony with California-based Chevron, in Caracas, Venezuela, in December 2022.
Venezuelan Petroleum Minister Tareck El Aissami signs a document during an agreement signing ceremony with California-based Chevron, in Caracas, Venezuela, in December 2022.Photo: AP/SCANPIX
Enterprise editor
Published 5 March 2025, 15:10Updated 5 March 2025, 15:10
VenezuelaUnited StatesChevronPDVSAAmericas