Chevron, ONGC and GE Vernova Near Final Venezuela Energy Deals - Crude Oil Prices Today | OilPrice.com

Why it matters

Potential new energy deals could increase supply from Venezuela, affecting global oil prices and benefiting companies involved, but geopolitical and regulatory risks remain.

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Sources

• googlenews · news.google.com · 2026-08-31 19:30 UTC

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• 🇻🇪 Big oil is lining up at Venezuela’s door again. Reuters says Chevron, ONGC, GE Vernova, Eni and GeoPark are racing to close deals under a new law letting foreigners run fields and keep the cash. Chevron wants more Orinoco. Washington and Caracas are already pitching a 25-ye
  News · 2026-08-31 20:30 UTC

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