U.S. extends license for Chevron's operations in Venezuela

The U.S. Treasury Department on Saturday renewed a license allowing Chevron, the last U.S. energy company operating in Venezuela, to continue working in the country until April 22.In January, the United States imposed sanctions on Venezuela's state-run oil company PDVSA in an effort to oust President Nicolas Maduro, though he remains in power.The Treasury issued Chevron a six-month license to operate, however, which has been renewed in three-month periods.