The licence comes with stringent conditions prohibiting any transfer of oil proceeds to the Venezuelan administration.

Chevron has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close to the decision said on Wednesday, adding that no money from oil proceeds can be transferred ...

Chevron has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close to the decision ...

By Elias Ferrer in Caracas On July 24, the Trump administration quietly granted a new sanctions waiver allowing US energy ...