Tags: chevron | venezuelan oil

Chevron to Load Venezuelan Oil for Export to US

Chevron to Load Venezuelan Oil for Export to US
(AP)

Friday, 30 December 2022 11:52 AM EST

U.S. oil producer Chevron Corp. has sent an oil tanker to Venezuela to load the first cargo of crude destined for the United States in nearly four years, according to a person familiar with the matter and shipping data, with the vessel approaching the South American country's waters on Friday.

A second tanker that will bring a cargo of diluents to a Chevron joint venture with state oil firm PDVSA to help processing the nation's heavy crude is due to arrive early next month, the person said.

The cargoes are the first under the U.S. Treasury Department's November license allowing the U.S. oil major to expand its operations in the South American country. The license will reopen oil flows shut by U.S. sanctions for nearly four years.

© 2026 Thomson/Reuters. All rights reserved.


StreetTalk
U.S. oil producer Chevron Corp. has sent an oil tanker to Venezuela to load the first cargo of crude destined for the United States in nearly four years, according to a person familiar with the matter.
chevron, venezuelan oil
127
2022-52-30
Friday, 30 December 2022 11:52 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved