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Chevron to expand in Venezuela, days after the U.S. and Venezuela strike oil deal
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.
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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. FEDERICO PARRA/AFP via Getty Images/AFP hide caption Chevron is expanding its existing operations in Venezuela, the Houston-based company said Wednesday. This comes in the wake of Friday's announcement that Venezuela will give the U.S.
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