Days after Venezuela’s Nicolas Maduro declared electoral victory, Chevron told U.S. officials it is critical for the company to continue pumping oil there, Collin Eaton, Patricia Garip, and Jeny Strasburg of The Wall Street Journal report. In meetings with the White House and State Department following the election, Chevron said its presence in Venezuela bolsters global oil supplies and U.S. energy security, people familiar with the talks told the Journal. Additionally, Chevron did not advocate for specific policies, but its message has carried weight with the administration, sources told the Journal.
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