Chevron (CVX) is poised to receive an expanded Venezuela license from the U.S. government this week that could allow for increased production and exports, Reuters’ Marianna Parraga and Jarrett Renshaw report, citing three oil industry sources. Chevron is expected to be one of several firms to get approvals from President Donald Trump’s administration to do business in Venezuela as oil companies, traders and refiners look for access to the country’s heavy crude after the U.S. capture of Venezuelan President Nicolas Maduro, sources said.
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