Chevron (US.CVX) Waiting It Out in Venezuela, Tells U.S. Now Is the Time to Pump Oil - 23 martie 2022
For months, Biden administration officials snubbed top executives and lobbyists for Chevron Corp. who had pressed officials in Washington to ease sanctions so the company could boost production in Venezuela, where the U.S. has banned such activities since 2019.“Chevron came in November, they pitched it around, but got laughed out of town,” said Juan Cruz, a former National Security Council official in charge of the Western Hemisphere who has closely followed the Biden administration’s policy toward Venezuela. “But what was really funny in November is a plan today.”