Chevron Expansion in Venezuela Extends U.S. Influence Over Oil Riches

A private oil company has struck a deal with the Trump administration to develop 17 areas in Venezuela, an effort that experts say will take years and billions of dollars.

U.S. President Donald Trump's oil deal with interim Venezuelan President Delcy Rodriguez is being rejected by the Venezuelan opposition, and by some in her own party. Venezuelan Canadians, some with long careers in the oil industry, say the deal is illegitimate and will be…

Critics call the US multi-billion-dollar oil deal in Venezuela modern-day colonialism.

A visual look at how Washington’s relationship with Caracas has gone from cordial to ‘predatory’ Trump ally defends Venezuela oil deal amid ‘gunpoint diplomacy’ criticism Nobel laureate Machado: ‘Illegitimate’ Venezuela regime has no right to strike US oil deal Written in the…

Big Oil has often employed the “hang around” playbook: secure legal rights to a giant resource — and then, eventually, figure out how to produce it profitably. But few companies have taken it to the extremes of Chevron Corp.

{beacon} Energy & Environment Energy & Environment The Big Story Chevron plans to double its Venezuela oil production Chevron announced early Wednesday that it has reached an agreement to expand its oil production in Venezuela. © AP Photo/Rogelio V. Solis, File The company said…

New access to Venezuelan supplies could support India's efforts to diversify its sources amid disruptions and uncertainties in Gulf energy markets