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Energy firms expand in Venezuela

Updated 2026-09-03 05:10 UTC 1 source Neutral

US-based Chevron and Italy’s Eni are expanding their oil projects in Venezuela, following a recent agreement that grants the US control over a fifth of Venezuela's oil reserves. These deals were signed in Caracas.

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Al Jazeera

US’s Chevron, Italy’s Eni to expand oil projects in Venezuela

Energy firms sign deals in Caracas, days after Venezuela agreed to grant the US control of a fifth of its oil reserves.

2026-09-03 04:19 UTC