Chevron (CVX) and Shell (SHEL) are close to securing the first big oil production deals with Venezuela since the U.S. capture of President Maduro in January, Reuters reported Tuesday. Chevron (CVX) ...

Two international oil majors are closing in on the first big oil production deals in Venezuela since the U.S. capture of ...

Chevron and Shell are advancing negotiations for new oil and gas projects in Venezuela as the country opens its energy sector to foreign investment under a newly reformed hydrocarbons law.

Chevron will expand operations in the Orinoco Oil Belt, while Shell will take over prized light and medium crude projects in Monagas state.

If finalized, Chevron’s and Shell’s new agreements could mark a major turning point for Venezuela’s energy sector. The country holds some of the world’s largest oil reserves but has struggled to ...

Chevron enters 2026 with strong operational momentum. In 2025, total production rose 12% to 3,723 thousand oil-equivalent ...

By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS, March 10 (Reuters) - International oil majors Chevron and Shell are closing in on the first big oil production deals with Venezuela since the U.

Oil and gas companies picked up 25 blocks in the sale, with the Green Canyon drawing the most interest For ads that aren’t personalized, ad measurement, audience surveys, and service development we ...

There are several well-known oil companies that own thousands of gas stations across the United States, but only one can ...

Executives from British oil giant Shell held talks on Thursday with Venezuela’s acting president Delcy Rodriguez to discuss gas investments following ...