business
Chevron to expand in Venezuela, days after the US and Venezuela strike oil deal
Summary by The Los Angeles Editorial Desk Willa Rubin | NPR , as published by LAist (KPCC / Southern California Public Radio)
· September 2, 2026
· 1 min read
Photo: LAist (KPCC / Southern California Public Radio) · view original
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Summary created by The Los Angeles Editorial Desk — automated, rule-governed Byline on source page Willa Rubin | NPR, as published by LAist (KPCC / Southern California Public Radio) Original story Read at the source Source published Sep 2, 2026 Indexed here Sep 3, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The company's plans were announced after the US and Venezuela reached a deal, with details of the agreement and Chevron's expansion available from the source. Chevron will focus on the Orinoco Belt, a region with substantial oil reserves.
Chevron is expanding its operations in Venezuela, building on existing efforts. The move follows an agreement between the US and Venezuela, granting the US access to a significant amount of oil. Chevron will focus on the Orinoco Belt, a region with substantial oil reserves.
The company's plans were announced after the US and Venezuela reached a deal, with details of the agreement and Chevron's expansion available from the source.
Further information on the expansion and the US-Venezuela oil deal can be found through additional reporting, including comments from US and Venezuelan officials and the company's leadership.
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Category: business Published: September 2, 2026 Source: LAist (KPCC / Southern California Public Radio) Reading time: 1 min
Frequently asked about this story
What is this story about? Chevron is expanding its operations in Venezuela, building on existing efforts. The move follows an agreement between the US and Venezuela, granting the US access to a significant amount of oil…
When was this published? This article was first published on September 2, 2026 by LAist (KPCC / Southern California Public Radio) and curated for The Los Angeles readers.
Who reported this story? This story was reported by Willa Rubin | NPR at LAist (KPCC / Southern California Public Radio). To learn more about how The Los Angeles selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Los Angeles, or browse our daily briefing and topic hubs .
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