Chevron CEO Vows to Work With U.S. to Remain in Venezuela
- Oil major is staying put even as Total pulls out employees
- Withdrawal could hand Chevron’s stake in key asset to Maduro
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Chevron Corp. Chief Executive Officer Mike Wirth pledged to work closely with the U.S. to remain in Venezuela despite a spiraling crisis that has led rival oil major Total SA to retreat.
“Our strong intent is to stay on the ground in Venezuela and be part of building a better future for the people of Venezuela,” Wirth said in an interview in Houston Monday. “We’ve got a very close coordination under way with multiple agencies within the U.S. government.”