Reuters reports U.S. oil companies Chevron and Shell are close to finalizing a deal that would become the first major oil production agreement with Venezuela since the U.S. abducted former President Nicolás Maduro and his wife Cilia Flores. Just weeks after, Venezuela’s interim leader, Delcy Rodríguez, signed a law that opened Venezuela’s oil industry to privatization, reversing a key principle of the Chavista movement that persevered in Venezuela for more than two decades.
Reuters: Chevron and Shell Close to Finalizing Oil Production Deal with Venezuela
HeadlineMar 11, 2026










