The US Treasury said Nov. 17 that Chevron and top oilfield services firms can remain in Venezuela until June, extending a wind-down deadline that was set to expire on Dec. 1. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The move effectively punts the decision on Chevron’s oil and gas operations in heavily-sanctioned Venezuela to the administration of President-elect Joe Biden, who could choose to charter a more lenient path in negotiations with the struggling nation. Chevron had previously been granted what was considered a final extension only through November by the US Department of the Treasury as part of the Trump administration’s efforts to increase political and economic pressure on the Nicolás Maduro regime in […]