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Search resuls for: "Marianna Parraga Matt Spetalnick"


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Venezuelan oil resumed flowing to the U.S. in January under a Treasury Department license granted to Chevron that allowed it to expand output there and export the oil. Refiners including Valero and Phillips 66 (PSX.N) have bought cargoes from Chevron, according to U.S. Customs and shipping data. Chevron's license - and approvals granted to European firms Eni (ENI.MI) and Repsol (REP.MC) - allow only for oil or debt swaps. Chevron's resumption of Venezuelan crude imports has not led to an increase in the country's overall exports this year, according to PDVSA schedules and Refinitiv Eikon data. 2 U.S. oil company exported some 86,000 barrels per day of Venezuelan oil in February.
But most opposition representatives visiting Washington this week told U.S. officials they would not continue backing him or anyone else as their leader for another year of interim government. Venezuelan opposition representatives who attended the meetings in Washington and a spokesperson for Citgo did not immediately provide a comment. The U.S. State Department said it recognized Guaido and coordinates with his administration "on the steps needed to move forward on a negotiated solution that leads to the restoration of democracy to Venezuela." Five of six opposition-party representatives told State Department officials on Tuesday they would not support Guaido or any other interim leader, the four sources said. read moreUnder U.S. President Donald Trump's administration, the United States recognized Guaido as rightful leader in January 2019, and dozens of other countries followed suit.
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