Venezuelan gov't signs new agreement with Chevron

Venezuelan state-owned company PDVSA and the American Chevron on Friday signed agreements in Caracas for the oil foreign giant to continue working in Venezuela. The Treasury Department announced last Saturday its decision to extend the license of Chevron's operations in Venezuela.

President of Chevron Venezuela and his board, signed agreements along with PDVSA's board and oil minister Tareck El Aissami. El Aissami celebrated that Chevron will reach 100 years of operating in Venezuela next April.