Oil in Venezuela disputed by companies close to Trump
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Oil in Venezuela disputed by companies close to Trump

Jornal de Negócios4 September 2026 at 14:00

Oil companies with ties to Donald Trump's administration are disputing access to oil in Venezuela. Among the companies mentioned are Chevron, Sable Offshore and Primavera, which have already signed agreements to expand their operations in Venezuelan territory. These companies are in competition to secure oil exploration and production rights in the South American country. The dispute arises in a context where Venezuela has one of the largest known oil reserves in the world, which makes the country particularly attractive to energy sector companies. The companies referred to are described as close to Trump, suggesting that political proximity may influence the agreements signed with the Venezuelan government.

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