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U.S. to allow Chevron to negotiate license with Venezuela oil company - AP

May 17, 2022 12:20 PM ETChevron Corporation (CVX) StockBy: Carl Surran, SA News Editor25 Comments

Silhouette oil rig

TebNad/iStock via Getty Images

The U.S. government is moving to ease some economic sanctions on Venezuela, which would allow Chevron (NYSE:CVX) to negotiate its license with state-owned oil company PDVSA, Associated Press reported Tuesday.

Under the proposed changes, Chevron (

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