Chevron and Shell Near Landmark Oil Deals in Post-Maduro Venezuela
Chevron and Shell are finalizing major oil production expansions in Venezuela—the first since the US captured President Nicolás Maduro in January 2026—advancing President Trump’s $100 billion plan to revive the industry’s output from years of mismanagement. Chevron Targets Orinoco Belt Growth Chevron agreed preliminary terms to extend its Petropiar project
