Facing the imminent withdrawal from Venezuela of U.S. oil giant Chevron Corp. , strongman Nicolás Maduro is rolling out the red carpet to other foreign oil companies, saying that all of them would be welcome to set up shop in the South American country.

Venezuela's exports of crude and fuel rose in February to their highest since November, vessel monitoring data showed, as the U.S. prepared to terminate a key license that allows oil major Chevron to operate and ship crude from the country.

Trump’s slashed Chevron’s license to drill and export oil in Venezuela. Now, Chevron is calling for long-lasting legislation.

The Trump administration formally revoked on Tuesday the license that allows oil giant Chevron Corp. to sell Venezuelan oil in the United States, giving the U.S. company only 30 days to wind down its operations in the South American country.

Venezuela business guild Fedecamaras said the United States and Venezuela should resume negotiations amid the possible negative impact of President Donald Trump's cancellation of a license allowing oil major Chevron to operate in the country.