ReferIndia News US Reportedly Set to Grant Chevron Broader Venezuela Operating License This Week

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US Reportedly Set to Grant Chevron Broader Venezuela Operating License This Week

Published on: Jan. 15, 2026, 1:03 a.m. | Source: scanx.trade

Oil industry sources report that the US is set to grant Chevron Corp a broader operating license for Venezuela as early as this week. This expanded authorization would represent a significant policy shift, potentially providing Chevron with enhanced operational capabilities and increased flexibility in the South American nation. The development could mark a notable change in the US regulatory approach toward American energy companies' activities in Venezuela.

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