Venezuela has released two local Chevron executives that were arrested back in April on corruption allegations, Reuters reports , citing sources from Caracas and Chevron. A source close to Chevron said the two, Carlos Algarra and Rene Vasquez, will have to report to the authorities every 15 days, without providing any further details about the developments. The Algarra and Vasquez arrests were part of an ongoing corruption sweep that began last year. They were the first foreign oil company employees to be taken in, and this sparked concern among other foreign companies still maintaining a presence in the troubled South American country. In 2017, the Venezuelan authorities arrested six executives from PDVSA’s U.S. branch, Citgo, including its president and five senior executives. As of April, more than 60 people had been arrested, two of which were former oil ministers, Bloomberg noted in a report on the arrests two months […]