July 25, 2019 / 3:23 PM / 6 months ago

U.S. administration to announce decision this week on Chevron licenses in Venezuela

WASHINGTON, July 25 (Reuters) - There will be a decision before a July 27 deadline on renewing a license for energy company Chevron Corp’s operations in Venezuela, a U.S. administration official said on Thursday.

“There will be a decision before Saturday,” a U.S. administration official told a conference call with reporters when asked about the license. The license has allowed Chevron to keep operating its four joint ventures in Venezuela despite U.S. sanctions. (Reporting by Lesley Wroughton; editing by Jonathan Oatis)

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