The U.S. Treasury Department on Monday renewed a license allowing Chevron, the last U.S. operating energy company in Venezuela, to continue drilling in the country for another three months through Jan. 22. Some Trump administration officials opposed a renewal of the license, believing oil production helps keep socialist President Nicolas Maduro in power by allowing him to pay down debts. Chevron has been in Venezuela for nearly 100 years and has about 8,000 employees, contractors and direct suppliers involved in its ventures there. …read more
Source:: Yahoo Finance
