The Latest Breaking News from Chevron

President Trump has set his sights on Venezuela's vast oil reserves, the largest in the world. If consolidated under Washington’s influence, about one third of global oil reserves could end up under US control. Yet, experts are skeptical about Trump's plans, saying it won't be cheap or easy.

President says a ‘tremendous amount of money’ will need to be spent repairing country’s infrastructure

Chevron is currently the only major US oil company still operating in Venezuela and exporting crude from the country. Shares of Exxon Mobil and ConocoPhillips rose about 3% each, buoyed by speculation that restrictions barring US firms from Venezuela's oil fields could be eased.

The S&P 500 rallied but failed to turn the "Santa Claus Rally" indicator positive for 2026.

The US might aim to unlock the country’s reserves, but cost and political uncertainty make it look an uncertain option

Markets are reacting to what could become the largest geopolitical energy shift in decades.

Shell could earn billions from Venezuelan gas after Trump's removal of Maduro lifts sanctions, offering economic gains but raising environmental and market concerns.

The price of U.S. crude oil gained 1% after U.S. forces captured Venezuelan President Nicolás Maduro in a weekend raid.

Trump declares US can access Venezuela's oil without congressional approval after military operation capturing President Nicolás Maduro.