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.
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.
FEDERICO PARRA/AFP via Getty Images
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FEDERICO PARRA/AFP via Getty Images
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