US Expected to Grant Expanded Venezuela Oil License to Chevron Following Maduro Removal
The Trump administration is expected to grant Chevron an expanded license in Venezuela this week. This follows the removal of Maduro and aims to boost output.
洞察:
The government of the United States 
USis expected to grant Chevron Corporation an expanded license to operate in Venezuela 
VEthis week, marking a significant shift in energy policy following the removal of Nicolas Maduro nicolas madurofrom power. Industry sources indicated on Wednesday, January 14, 2026, that the move aims to unlock oil supplies for domestic refiners and traders under the new leadership of interim President Delcy Rodriguez delcy rodriguez.
USis expected to grant Chevron Corporation an expanded license to operate in Venezuela VEthis week, marking a significant shift in energy policy following the removal of Nicolas Maduro nicolas madurofrom power. Industry sources indicated on Wednesday, January 14, 2026, that the move aims to unlock oil supplies for domestic refiners and traders under the new leadership of interim President Delcy Rodriguez delcy rodriguez.Chevron Corporation, which currently produces approximately 240,000 barrels of crude per day through joint ventures in the country, has been operating under restricted authorization since July. Between late 2022 and early 2025, the company held a more permissive license that allowed for expanded output and repairs to essential facilities. However, those permissions were curtailed last year as part of a broader strategy to pressure the previous administration in Caracas, leading to a significant drop in export levels that halved production compared to early 2025 highs.
