Chevron to expand in Venezuela, days after the U.S. and Venezuela strike oil deal

Chevron is the largest foreign oil operator in Venezuela. The deal will expand its footprint at a time of political and economic uncertainty for Venezuela.

<img src='https://npr.brightspotcdn.com/dims3/default/strip/false/crop/8086x5391+0+0/resize/8086x5391!/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2Fe9%2Fea%2F69a794fd4d429bb70c0c4ca18eb9%2Fvz-oil-tanker.jpg' alt='Guinea-flagged crude oil tanker Avril waits its turn to be loaded with crude oil at Lake Maracaibo in Maracaibo, Zulia State, Venezuela on May 9, 2025.'/><p>Chevron is the largest foreign oil operator in Venezuela. The deal will expand its footprint at a time of political and economic uncertainty for Venezuela.</p><p>(Image credit: FEDERICO PARRA/AFP via Getty Images)</p><img src='https://media.npr.org/include/images/tracking/npr-rss-pixel.png?story=nx-s1-5952190' />