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Petroleos de Venezuela SA

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
August 28, 2026 Rebecca F. Elliott and Simon Romero

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

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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