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Venezuelan Opposition Calls for Cancellation of Chevron's Business License

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Politics News

Venezuela,Chevron,Sanctions

A Venezuelan opposition coalition led by presidential candidate Henrique González and Maria Corina Machado has urged the US government to revoke Chevron’s license to operate in Venezuela. They argue that the licenses provide a lifeline to President Nicolás Maduro’s regime and prevent the country from achieving democratic progress.

California-based Chevron is the largest company to have received individual permission from the Biden administration to do business with Venezuela’s state-owned oil company.coalition on Monday called on the U.S. to cancel the licenses that allow Chevron and other energy companies to operate in the South American country to pressure President Nicolás Madurowho represented the Unitary Platform coalition in the July 28 election, and his main backer, opposition leader María Corina Machado.

De la Cruz said the González-Machado campaign wants “to find common ground” with oil companies. But, he said, their presence in Venezuela at the moment give Maduro the ability to try to “normalize … de facto dictatorship that he is trying to set up in Venezuela.” Venezuela’s electoral authorities declared Maduro the victor hours after polls closed on July 28 but unlike previous presidential elections they never released detailed vote tallies to back up their claim, arguing that the National Electoral Council’s website was hacked.

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