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Exclusive-US moving fast to expand Chevron's Venezuela license, Energy Secretary Wright tells Reuters [Yahoo! Finance Canada]

Chevron Corporation (CVX)  More Company Research Source: Yahoo! Finance Canada
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
WASHINGTON, Jan 16 (Reuters) - The U.S. is moving as fast as it can to grant Chevron an expanded license for its oil production in Venezuela, ?U.S. Energy Secretary Chris Wright told Reuters on Friday. The U.S. plans to let Chevron ?compensate the Venezuelan government with cash instead of crude, which will let the company sell all the oil it produces ?in the country, Wright said. "So they become immediately, another marketer of crude as well," he said in a brief interview at the U.S. Energy Department headquarters. Chevron, to comply with its current license, has been paying Venezuela's government royalties and taxes with oil in kind instead of cash, effectively reducing what ?it can export to about 50% ?of the crude it produces in the country. The administration of President Donald Trump has been working to re-activate the Venezuelan oil industry after Nicolas ?Maduro was removed from power earlier this month. Reuters reported this week that the Houston-based company is exp [Read more]

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Exclusive-US moving fast to expand Chevron's Venezuela license, Energy Secretary Wright tells Reuters [Yahoo! Finance Canada]

Chevron Corporation  (CVX) 
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
WASHINGTON, Jan 16 (Reuters) - The U.S. is moving as fast as it can to grant Chevron an expanded license for its oil production in Venezuela, ?U.S. Energy Secretary Chris Wright told Reuters on Friday. The U.S. plans to let Chevron ?compensate the Venezuelan government with cash instead of crude, which will let the company sell all the oil it produces ?in the country, Wright said. "So they become immediately, another marketer of crude as well," he said in a brief interview at the U.S. Energy Department headquarters. Chevron, to comply with its current license, has been paying Venezuela's government royalties and taxes with oil in kind instead of cash, effectively reducing what ?it can export to about 50% ?of the crude it produces in the country. The administration of President Donald Trump has been working to re-activate the Venezuelan oil industry after Nicolas ?Maduro was removed from power earlier this month. Reuters reported this week that the Houston-based company is exp [Read more]

IMPACT SNAPSHOT
EVENT TIME:
CVX
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Price Change
Price Change %
Volume Shares
Max Up
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


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%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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