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- Indexed articles, last 90 days
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- Sep 3, 2026
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- Sep 1, 2026
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US oil giant Chevron confirms it will expand operations in Venezuela (opens the original)
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NEW YORK â Oil giant Chevron confirmed that it will expand operations in Venezuela after President Donald Trump announced an ambitious deal to develop the nation's oil reserves and give the Pentagon a stake in the profits. Chevron, the only U.S. oil company with a major presence in Venezuela, said Wednesday that it has been assigned additional acreage in the Orinoco Belt, where it has active operations. The company plans to invest more than $7 billion over the next five years, with the goal of
Oil giant Chevron is expected to announce it will expand operations in Venezuela, US official says (opens the original)
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WASHINGTON â Oil giant Chevron is planning to expand its operations in Venezuela, a U.S. official said Tuesday, just days after President Donald Trump announced an ambitious deal to develop the nationâs oil reserves and give the Pentagon a stake in the profits. The official, who briefed reporters on the expected announcement, said the companyâs officials and Energy Secretary Chris Wright are expected to visit Venezuela on Wednesday where the new investment will be formally unveiled. The of
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