Chevron plans $7 billion Venezuela investment to double oil production

Chevron, the only U.S. oil company operating in Venezuela, said it has received additional land in the Orinoco Belt region and plans to double its oil production.

• Sep 2

Chevron says Venezuelan oil imports are helping curb U.S. gas prices

Venezuelan oil shipped to the U.S. is providing relief from higher prices caused by the Iran war, according to a senior Chevron executive.

• Apr 14

Oil stock prices rise after U.S. capture of Venezuelan President Maduro

Shares in Chevron, Exxon and other energy companies climbed, while oil prices jumped, on Monday after Maduro's ouster.

• Jan 5

Trump revokes oil license in Venezuela

Florida Congressman Carlos Gimenez on Thursday joined Venezuelan community leaders in Miami to speak out in support of the Trump administration's efforts to keep up the pressure on Venezuela.

• Feb 27, 2025

Chevron agrees to buy Hess for $53 billion

Chevron announced Monday that it has agreed to buy rival Hess in yet another oil industry consolidation deal.

• Oct 23, 2023