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U.S. Is Taking a Large Stake in Venezuela's Oil Revival. The Goal Is 2 Million Barrels a Day.

Posted on September 14, 2026
By International Business Times
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1 min read

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U.S. Is Taking a Large Stake in Venezuela's Oil Revival. The Goal Is 2 Million Barrels a Day.

The emerging framework includes separate deals involving Chevron, private oil operators and, most unusually, a direct U.S. government investment in a Venezuelan-focused energy company.