The United States authorizes the oil company Chevron to resume operations in Venezuela due to the resumption of dialogue between the government and the opposition

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  • BBC News World

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This Saturday, the same day that the Venezuelan opposition and the government of President Nicolas officially resumed political talks, the US Treasury Secretary said it was going to allow Chevron – the country’s second-largest oil company – to resume oil extraction. In Venezuela.

With the measure, Chevron and its subsidiaries will be able to resume limited oil exploration and exploitation activities, as long as the Venezuelan state oil company, PDVSA, receive no profit of the activities of the American company.

“This action reflects the long-standing policy of the United States to provide specific sanctions relief based on concrete measures that alleviate the suffering of the Venezuelan people and support the restoration of democracy,” he said in a statement from the Treasury Department.

However, the United States continues to maintain in force most of the penalties.

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