Chevron sent first cargo of Venezuelan oil to US

According to Reuters, the first shipment of Venezuelan oil by Chevron Corp left a transshipment hub near Aruba for its refinery in Pascagoula, Mississippi.

Chevron received U.S. Treasury Department approval in November to resume oil production and expand operations in Venezuela.

According to documents, PDVSA, Venezuela's state oil company, allocated the first crude oil cargo to Chevron this month. That volume was loaded at Venezuela’s Jose terminal last week.

According to Eikon, the crude cargo is scheduled to arrive at Chevron's Pascagoula refinery Jan. 15.

Chevron has confirmed it will begin shipping oil from Venezuela this month. The company said it is focused on ‘safe and reliable operations’ after it resumed operations at its joint venture subsidiaries in December.

Chevron's publication contained the information that it continues to operate in accordance with all laws and regulations, as well as the sanctions imposed by the U.S. Office of Foreign Assets Control.