Chevron to expand Venezuela operations after US deal
By The BriefBrief
Chevron is expected to announce an expansion of its Venezuelan operations on Wednesday, hours after Venezuela’s parliament approved handing Washington control of a fifth of its oil reserves. US Energy Secretary Chris Wright is in Caracas to sign the agreement.
WHO:Chevron; Chris Wright; Venezuela’s parliament
WHAT:Chevron is expected to announce an expansion of its Venezuelan operations as a US-Venezuela oil agreement is signed.
WHEN:Sep 2, 2026
WHERE:Venezuela
WHY:The expansion announcement is tied to the signing of an agreement after Venezuela’s parliament approved handing Washington control of a fifth of its oil reserves.
