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Venezuela to Grant More Oil Blocks to Chevron, Repsol

Filed: Feb 12, 2026 at 5:05 PM ET
Summary: Venezuela plans to allocate more oil land to Chevron and Repsol amid U.S. push for energy sector rebuilding.
WHO: Venezuela, Chevron Corp., Repsol SA
WHAT: Granting more oil-production land
WHEN: Feb 12, 2026 at 1:41 PM ET
WHERE: Venezuela
WHY: To rebuild the nation’s energy sector
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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