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Chevron Boosts Venezuela Oil to 280,000 Barrels Daily
Chevron's Venezuelan joint ventures increased oil production to 280,000 barrels per day in the first half of 2026, a 15% rise from the prior six months. US Treasury licenses allowed Chevron and other companies like BP, Eni, Repsol, and Shell to re-engage with Venezuela's oil sector.
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- Chevron Runs Venezuela at 280,000 Barrels a Day as US Majors Return Under Trump
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- Venezuela Set to Award Oil Fields to Chevron to Help Grow Output
- Venezuela Oil Exports Hit 1 Million Barrels a Day in Post-Maduro Era
- Western Oil Majors Pour Back Into Venezuela as the US Eases Sanctions
- Chevron says Venezuelan oil imports are helping curb U.S. gas prices