Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.
Israeli media: 32% of Americans still support "Israel's" war on Hamas, while 60% oppose it.
Israeli media: Core US support for "Israel" hits its lowest, while support for Palestine reaches its highest levels.
Al Mayadeen's correspondent reports martyrs, injuries in Israeli bombardment of home in Heker al-Jame area in Deir al-Balah, central Gaza.
Al-Quds Governorate: Today, the spatial division of Al-Aqsa Mosque began in a public and dangerous manner, and we warn of a religious war in the region
The Ministry of Health in Gaza: This brings the total number of victims of famine and malnutrition to 175, including 93 children
The Ministry of Health in Gaza: Gaza's hospitals recorded six deaths due to starvation and malnutrition in the past 24 hours, all of them adults
Informed sources to Al Mayadeen: A new chapter in relations between Iran and the International Atomic Energy Agency will begin within the framework of the new law passed by Parliament

Chevron’s operations in Venezuela will continue, as US relations shift

  • By Al Mayadeen English
  • Source: News websites
  • 2 Feb 2025 00:49
  • 5 Shares
3 Min Read

Chevron's US operations in Venezuela persist with renewed licenses from the OFAC, following a key meeting between President Nicolas Maduro and US envoy Richard Grenell.

Listen
  • x
  • Chevron’s operations in Venezuela will continue, as US relations shift
    A Chevron logo is shown at a gas station in San Francisco, the United States, on October 23, 2023. (AP)

The United States Office of Foreign Assets Control (OFAC) renewed a license, allowing American energy giant Chevron to continue its operations in Venezuela, on Saturday.

This license, General License No. 41, is renewed on the first day of each month and remains valid for six months, ensuring that Chevron can maintain its presence in the country despite ongoing US sanctions.

Chevron’s continued operations are a crucial part of the relationship between the US and Venezuela. The oil giant has been working in Venezuela for decades, first engaging in exploration in 1923, and later discovering the Boscan field in 1946. Today, the company operates several joint ventures with Venezuela’s Petróleos de Venezuela (PDVSA), both on land and offshore, contributing significantly to the country’s vital energy sector.

Related News

US issues limited license for Chevron in Venezuela: Bloomberg

CNBC unveils strategic plan to revitalize Syria energy sector with US

Unexpected turn in Trump's Venezuela strategy

The license renewal comes just a day after a major meeting between Venezuelan President Nicolas Maduro and Richard Grenell, the US special envoy for Venezuela, in Caracas. President Maduro characterized the meeting as "very positive," signaling the beginning of a new phase in US-Venezuela relations, one that could bring tangible benefits to both nations. The discussions reportedly focused on energy concerns, alongside the release of six US nationals detained in Venezuela, and the deportations of undocumented migrants.

The timing of the license renewal and the diplomatic meeting is notable. It follows a pattern of strategic, engagements between Venezuela and the US. In recent months, the US government has pursued a mixed approach, maintaining harsh unilateral sanctions with diplomatic overtures, which were carried out under the new Trump administration. This shift in the US's approach was further underscored by Grenell’s visit, which also marked the first trip of a Trump administration official to Latin America. 

Bolivarian Diplomacy of Peace

Maduro's commitment to "Bolivarian Diplomacy of Peace," has also allowed for the advancement of talks between the two governments. The backdrop of these developments is Venezuela’s unwavering commitment to its foreign policy doctrine, a key element of Maduro's administration. The Venezuelan government continues to push for peaceful dialogue with all nations, emphasizing sovereignty and opposition to foreign intervention, principles that Maduro reiterated during his meeting with Grenell. This openness to diplomacy, even with historically adversarial powers like the United States, underscores Venezuela’s desire to maintain its autonomy while seeking international cooperation.

Read more: Canada warns Trump tariffs could leave US reliant on Venezuela oil: FT

  • Chevron
  • United States
  • Venezuela
  • Oil
  • Nicolas Maduro
  • Donald Trump

Most Read

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS