The limited changes will allow Chevron Corp to negotiate its licence with the state-owned oil company, PDVSA.

The limited changes will allow Chevron Corp to negotiate its licence with the state-owned oil company, PDVSA.
For years, the bolivar drifted towards irrelevancy as locals embraced the use of the US dollar.
Nicolas Maduro agrees to give visas to ICC officials investigating alleged crimes against humanity during 2017 protests.
The bolivar has traded at a rate of around 4.5 to $1 for the past four months.
Whether Caracas can continue to ramp up production in 2022 is unclear.
The observers reported polls saw better conditions than previous years, but raised concerns over some practices.
The polls mark the first time in four years that the main opposition parties will participate in an election.
Saab is accused of paying bribes to siphon $350m from state contracts to build housing for Venezuela’s government.
The so-called ‘Citgo 6’ have been held since 2017, with the US accusing Caracas of using the group as a bargaining chip.
President Nicolas Maduro says Venezuelan government respects ICC decision to open probe, but ‘we do not share it’.
Judge keeps in place one charge of conspiracy to commit money laundering, which carries maximum 20-year prison sentence.
US prosecutors charged Saab in connection with a bribery scheme linked to Venezuela’s state-controlled exchange rate.
Alex Saab, who was arrested in Cape Verde last year, was extradited to the US to face money laundering charges.
New report says independence of judiciary has eroded, allowing abuses, including torture, to persist.