The United States is considering extending Chevron Corp's waiver to operate...
The logo of Chevron is seen at the company's office in Caracas, Venezuela April 25, 2018. REUTERS/Marco Bello
The company’s future in Venezuela now depends on U.S. President Donald Trump, who must decide by Oct. 25 whether to renew a waiver allowing Chevron to keep operating in Venezuela despite U.S. sanctions on the country and its state oil company PDVSA, part of Washington’s campaign to oust socialist President Nicolas Maduro.
The report added, however, that the United States also has a desire to maintain a presence in Venezuela’s oil industry in case of a political transition.
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