The Latest Breaking News from Chevron

Donald Trump outlines Venezuela oil extraction plans, ‘We’re gonna be taking all of that’, confirms ‘we’re making a fortune’

"Everyone cheering the Venezuela deal that thinks a flood of cheap oil is about to hit and pull gas prices down. It isn't."

We Got This Covered · Sep 1

Trump’s ‘biggest oil deal in world history’ in Venezuela reeks of ‘colonial cronyism’ and could easily fall apart, experts say

The U.S.-Venezuela agreement would include a third-party oil operator and incorporate 17 mature or undeveloped oilfields.

Fortune · Sep 1

Trump's oil deal with Venezuela raises red flags for some major producers, sources say

A proposed US deal granting North American Blue Energy Partners a 100-year lease over 17 Venezuelan oilfields is raising concerns among major oil companies. The arrangement would give the US a 35% stake and guaranteed oil access, while NABEP’s Venezuelan owner Alejandro Betancourt’s past investigations add uncertainty for potential investors.

The Economic Times · Sep 1

The U.S. doesn't have a state-owned oil giant. But in Venezuela, the federal government will control a company with the world's 2nd largest reserves

The federal government will control 55% of the company's effective output via equity ownership and oil production.

Fortune · Aug 29

Trump’s deal gives the US access to vast oil reserves in Venezuela – what we know

Trump's deal gives the United States a stake in Venezuela’s vast oil reserves - but what does that actually mean?

The Independent UK · Aug 29

Trump's Portfolio Traded Stocks as The Iran War Reshaped Markets. New Disclosure Details More Than 1,000 Transactions.

Among the most notable transactions were trades involving energy companies whose share prices can be affected by developments in the Iran war.

International Business Times · Aug 28

Rust, power cuts and delays: Inside Venezuela’s oil export crisis

Venezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing operations considerably. Equipment failures and power outages plague key terminals, especially Jose. This congestion limits overseas shipments despite increased crude production. Infrastructure upgrades are crucial for Venezuela's oil export revival.

The Economic Times · Aug 21

Venezuela oil minister to U.S. companies: ‘It's an entire world waiting to be discovered’

Smaller, private U.S. oil producers are beginning to ink deals in Venezuela as the dilapidated energy industry evolves.

Fortune · Aug 20

Venezuelan Crude Is Quietly Cushioning U.S. Gas Prices as the Iran War Drags On

Chevron's expanded access to Venezuelan crude is easing U.S. gas prices during the Iran war, even as Venezuelan migrants face separate deportation risk.

Latin Times · Aug 19

Bull Call Spread Screener Results For August 19th

With stocks in bullish mode it’s a good time to run Barchart’s Bull Call Spread Screener.

Barchart · Aug 19