US Confirms Expiration of Chevron License That Allowed It to Export Oil From Venezuela

A sculpture of a hand holding an oil drilling rig is pictured outside the state-run oil company Petroleos de Venezuela in Caracas on Feb. 26, 2025. Pedro Mattey/AFP via Getty Images

State Department spokesperson Tammy Bruce confirmed in a press conference on May 27 the expiration of the license granted to Chevron during the Biden administration to maintain its oil and gas operations with the state-owned oil company Petróleos de Venezuela.

“We will not allow any money to move to the Maduro regime that assists their regime,” Bruce said during a press conference.