Chevron, Valero in Talks to Reactivate Supply Agreement on Venezuelan Oil to US, Sources Say

Chevron and Valero Energy are working to resume supplies of Venezuelan crude to Valero’s U.S. refineries under an agreement that was on pause, three sources close to the preparations said on Tuesday, following a new license granted to the U.S. oil major. Washington in late July issued a new restricted authorization for Chevron to operate, … Read more