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Chevron to expand in Venezuela, days after the U.S. and Venezuela strike oil deal

Sep 2, 2026 · Willa Rubin

Originally published by NPR News Read the original

Chevron to expand in Venezuela, days after the U.S. and Venezuela strike oil deal
Guinea-flagged crude oil tanker Avril waits its turn to be loaded with crude oil at Lake Maracaibo in Maracaibo, Zulia State, Venezuela on May 9, 2025.
Guinea-flagged crude oil tanker Avril waits its turn to be loaded with crude oil at Lake Maracaibo in Maracaibo, Zulia State, Venezuela on May 9, 2025.

Chevron is the largest foreign oil operator in Venezuela. The deal will expand its footprint at a time of political and economic uncertainty for Venezuela.

(Image credit: FEDERICO PARRA/AFP via Getty Images)

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