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Post #2052
@venanalysis
Venezuelanalysis
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📰 NEWS | Venezuela: Chevron to Resume Crude Exports Under New Arrangement With PDVSA The US oil giant will restart shipments from its joint ventures in Venezuela this month under a renewed sanctions waiver, Chevron CEO Mike Wirth confirmed. The company had been limited to maintenance work since May. Despite US officials claiming Venezuela won’t profit, authorities in Caracas insist joint ventures are still required to pay taxes and royalties. The new arrangement reportedly allows Chevron and PDVSA to sell their respective shares of crude separately. 🔗 Read the full report here: https://shorturl.at/D9x7A #Chevron#PDVSA#Sanctions