PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.May.2025, Words: 246) — Chevron Corporation confirmed expiration of General License 41B (GL41B), issued by the US Office of Foreign Assets Control (OFAC), which gave the US energy giant until 27 May 2025 to wind down operations in Venezuela.
Chevron has operated in Venezuela for the greater part of 100 years.
