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US Oil Giants Boost Venezuela’s Output | Venezuela News
Big energy giants like Chevron, Eni, and GE Vernova are pouring billions into Venezuela’s oil sector under interim President Delcy Rodriguez and U.S. Energy Secretary Chris Wright, aiming to boost output to two million barrels a day by the end of the decade—doubling current levels. Wright touts these deals as a path to “peace, opportunity, and prosperity,” even invoking “Trump-speed” for rapid change, while defending the U.S. against accusations of exploiting Venezuela’s resources. Critics question the motives, but the administration insists this is about unlocking Venezuela’s underused oil…
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