Why only U.S. majors like Chevron, SLB have Venezuela oil deals
- Posted on September 5, 2026
- By Houston Chronicle
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- 1 min read
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Why only U.S. majors like Chevron, SLB have Venezuela oil deals
Chevron signed a $7 billion agreement to more than double its production in Venezuela over the next five years, but experts say smaller companies can't afford to make the same plays.