Trump cancels Chevron's Venezuela oil licence, citing lack of electoral reforms

US president Donald Trump on Wednesday said he was "reversing the concessions" given to oil and gas multinational Chevron to operate in Venezuela by his predecessor Joe Biden, accusing President Nicolas Maduro of not making progress on electoral reforms and migrant returns.

Feb 27, 2025 - 19:00
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Trump cancels Chevron's Venezuela oil licence, citing lack of electoral reforms
US president Donald Trump on Wednesday said he was "reversing the concessions" given to oil and gas multinational Chevron to operate in Venezuela by his predecessor Joe Biden, accusing President Nicolas Maduro of not making progress on electoral reforms and migrant returns.

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