The CEO of Chevron, Mike Wirth, is hoping to get more time to shut down its operations in Venezuela following an order by President Trump to do so. Chevron had been given 30 days, which ends April 3, to leave Venezuela. With went to D.C. to speak to numerous members of President Trump’s cabinet. The amount of time being requested was not disclosed.
Chevron CEO asks for more time to wind down Venezuela operations – WSJ – MSN
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Chevron (NYSE:CVX) CEO Mike Wirth is lobbying Washington to allow more time to wind down its operations in Venezuela, The Wall Street Journal reported Wednesday, following President Trump’s decision to revoke the company’s license to pump oil in the country.
The Trump administration recently granted 30 days through April 3 for Chevron (NYSE:CVX) to wrap up all oil operations and exports from Venezuela currently going to the U.S. under a license granted in 2022.
