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Chevron Closes Seven Billion Dollar Deal in Venezuela: US Secures Fifth of Oil

By with∅ut-me 02.09.2026 at 11:56 Uhr Foreign Policy Companies & Markets Finance & Stock Market
TL;DR AI-generated Chevron is investing seven billion dollars in Venezuela and plans to double oil production. The US government has secured rights to oil fields with an estimated 65 billion barrels of oil and the right to take 20 percent of production.

Source: euronews.com

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Same event

  1. Agreement - USA Secure Huge Oil Reserves in Venezuela
  2. Trump: US Secures Control Over 65 Billion Barrels of Venezuelan Oil Reserves
  3. US and Venezuela Deal: Trump Buys 65 Billion Barrels of Oil
  4. Oil Deal with the USA: What the Agreement Means for Venezuela
  5. Venezuela Cedes Control of Fifth of Oil Reserves to US in Historic Agreement
  6. Chevron Expands Engagement in Venezuela: US Energy Secretary in Caracas
  7. Chevron Closes Seven Billion Dollar Deal in Venezuela: US Secures Fifth of Oil

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