U.S. Energy Secretary Chris Wright, while speaking in Venezuela on Sept. 2, 2026, says oil deals worth tens of billions of dollars are vital to transforming Venezuela and aim to bring peace and thousands of jobs by expanding energy production.
Chevron said on Wednesday that it plans to invest $7 billion in Venezuela over the next five years and double its oil production in the country after receiving additional acreage in the crude-rich Orinoco Belt region.
