Chevron CorporationForeign InvestmentsMaduro, NicolasNationalization of IndustryOil (Petroleum) and GasolinePetroleos de Venezuela SAProductionPublic-Private Sector CooperationRodriguez, Delcy (1969- )State DepartmentTrump, Donald JUnited StatesUnited States International RelationsUnited States Politics and GovernmentUS-Venezuela Conflict (2025- )Venezuela

Trump Says U.S. Struck Deal for Control of More Than 65 Billion Barrels of Venezuela’s Oil

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This story was selected and curated by our editorial team in the Chevron Corporation category. Published on August 28, 2026 • Originally reported by Rebecca F. Elliott and Simon Romero. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
The president said an agreement between the countries covered more than 65 billion barrels of reserves. A U.S. official said it would involve a partnership with a private company.
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