Chevron Exports First Two Venezuelan Oil Cargoes to the U.S. After New License

Reported about 9 hours ago

Chevron has successfully shipped its first two cargoes of Venezuelan oil to the U.S. after receiving a new authorization from the Treasury Department. The tankers, Mediterranean Voyager and Canopus Voyager, are transporting heavy crude from Venezuela to U.S. refineries, marking a shift in U.S. policy following more stringent regulations earlier in the year. Chevron is also working on reactivating a supply agreement with Valero Energy.

Source: YAHOO

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