Chevron has boosted oil production at its joint venture with Venezuela’s PDVSA to the highest in almost a year, Bloomberg reports , adding that the Maduro government is considering giving foreign oil field operators more control over their joint business with PDVSA as a way of advertising Venezuela’s oil industry and increasing revenues. “The likely goal is to make it so attractive, companies start to lobby harder in the U.S.,” Bloomberg quoted an analyst from a Colombia-based consultancy as saying. At the moment, Chevron is the only U.S. company still doing oil business in Venezuela. The supermajor was granted a sanction exemption waiver by Washington and the waiver was last month extended until April. Petroboscan, the joint venture Chevron operates together with PDVSA, produced around 200,000 bpd as of October 2019, with Chevron’s share of this at 34,000 bpd. The U.S. supermajor holds a 30-percent stake in the venture. […]