The Trump administration is poised to extend Chevron Corp.’s deadline to halt its Venezuela operations for at least another 30 days, following lobbying efforts by the Texas-based oil giant, people familiar with the matter said.

The Trump administration is poised to extend Chevron's (NYSE:CVX) deadline to halt its Venezuela operations for at least another 30 days, Bloomberg reported Thursday. CEO Mike Wirth asked for a possible extension during a meeting Wednesday with President Trump and other oil executives at the White House,

The Trump administration is reportedly set to extend Chevron's deadline to cease operations in Venezuela after lobbying from the company