{"id":24171,"date":"2024-12-09T06:00:12","date_gmt":"2024-12-09T10:00:12","guid":{"rendered":"https:\/\/energiesnet.com\/espanol\/?p=24171"},"modified":"2024-12-09T06:00:13","modified_gmt":"2024-12-09T10:00:13","slug":"chevron-ceo-denies-venezuela-talks-with-trump","status":"publish","type":"post","link":"https:\/\/energiesnet.com\/espanol\/chevron-ceo-denies-venezuela-talks-with-trump\/","title":{"rendered":"Chevron CEO Denies Venezuela Talks with Trump"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"600\" height=\"400\" src=\"https:\/\/energiesnet.com\/espanol\/wp-content\/uploads\/2024\/12\/chevron_mike_wirth.jpg\" alt=\"Michael Wirth, Chevron Corp.\" class=\"wp-image-24172\" srcset=\"https:\/\/energiesnet.com\/espanol\/wp-content\/uploads\/2024\/12\/chevron_mike_wirth.jpg 600w, https:\/\/energiesnet.com\/espanol\/wp-content\/uploads\/2024\/12\/chevron_mike_wirth-300x200.jpg 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><figcaption class=\"wp-element-caption\">Michael Wirth, CEO Chevron Corp. <strong>Chevron supports U.S. policy on Venezuela, aims for better future for Venezuelans<\/strong><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Georgina Mccartney, Reuters         <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">HOUSTON        <br>EnergiesNet.com 12 09 2024       <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">the only U.S. oil producer now working in Venezuela&#8217;s oilfields, has not held any discussions with President-elect Donald Trump&#8217;s team over the company&#8217;s operations in the country,&nbsp;<a href=\"https:\/\/www.reuters.com\/business\/energy\/chevron-ceo-under-pressure-halt-share-slide-hess-deal-stalls-2024-10-31\/\">CEO Michael Wirth<\/a>&nbsp;said on Friday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since 2019, Venezuela&#8217;s oil industry has been under&nbsp;<a href=\"https:\/\/www.reuters.com\/article\/world\/us-sanctions-venezuela-state-oil-firm-escalating-pressure-on-maduro-idUSKCN1PM2DP\/\">U.S. sanctions designed to curb its oil income<\/a>&nbsp;and force out President Nicolas Maduro in response to electoral fraud following his re-election in 2018 and&nbsp;<a href=\"https:\/\/www.reuters.com\/markets\/commodities\/us-signals-venezuela-oil-sanctions-relief-risk-deadline-looms-2024-04-17\/\">a disputed election in 2024<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Chevron has been allowed since 2022 to export oil to recoup unpaid dividends from joint venture partners.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It aims to support U.S. policy on Venezuela while providing a better future to Venezuelans, Wirth said in remarks to think tank Atlantic Council.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00abWe are trying to hang in there, work with our government,\u00bb Wirth said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00abAs other companies have left Venezuela, they&#8217;ve been replaced, by and large, with companies from two countries, Russia and China and if we were to leave, that, no doubt, is where the operations that we&#8217;re involved with would likely end up as well,\u00bb he added.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The easing of restrictions on Chevron and other oil firms came under the administration of U.S. President Joe Biden and it is unclear what the incoming Trump administration&#8217;s policy will be.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Oil shipments last month to the U.S. from Venezuela by Chevron under a 2022 authorization from the Biden administration were&nbsp;<a href=\"https:\/\/www.reuters.com\/markets\/commodities\/venezuelas-oil-exports-approach-1-million-bpd-fueled-by-sales-asia-2024-12-03\/\">238,000 barrels per day<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Wirth also talked about the U.S. Strategic Petroleum Reserve, which the government is&nbsp;<a href=\"https:\/\/www.reuters.com\/business\/energy\/us-announces-solicitation-up-3-million-barrels-oil-delivery-spr-2024-10-28\/\">working to replenish<\/a>&nbsp;after its biggest sale ever in 2022 left levels at their lowest in 40 years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00abIf (the SPR) is no longer needed, we ought to come to that conclusion. If it is needed, I think there ought to be some guardrails around its use that are a little bit stronger than the ones that exist today,\u00bb Wirth said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And on Iran, Wirth noted that current U.S. sanctions have not really kept Iranian barrels out of the market, but rather redirected them.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00abAnd that is true for a lot of the sanctions that are in place right now. They haven&#8217;t really crimped supply. They&#8217;ve just redirected supply,\u00bb Wirth said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reporting by Georgina McCartney in Houston Editing by Nick Zieminski<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">reuters.com 12 06 2024<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Georgina Mccartney, Reuters HOUSTON EnergiesNet.com 12 09 2024 the only U.S. oil producer now working in Venezuela&#8217;s oilfields, has not held any discussions with President-elect Donald Trump&#8217;s team over the company&#8217;s operations in the country,&nbsp;CEO Michael Wirth&nbsp;said on Friday. Since 2019, Venezuela&#8217;s oil industry has been under&nbsp;U.S. sanctions designed to curb its oil income&nbsp;and force &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/energiesnet.com\/espanol\/chevron-ceo-denies-venezuela-talks-with-trump\/\"> <span class=\"screen-reader-text\">Chevron CEO Denies Venezuela Talks with Trump<\/span> Leer m\u00e1s &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":24172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-24171","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Georgina Mccartney, Reuters HOUSTON EnergiesNet.com 12 09 2024 the only U.S. oil producer now working in Venezuela&#039;s oilfields, has not held any discussions with President-elect Donald Trump&#039;s team over the company&#039;s operations in the country, CEO Michael Wirth said on Friday. 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