Chevron, ENI Sign Venezuela Deals Worth Tens of Billions

US Energy Secretary Chris Wright oversaw the signing of major deals between Venezuela and oil majors Chevron and ENI, as well as energy company GE Vernova. The agreements aim to boost operations in the country.

The deals represent 'tens of billions of dollars of investment' according to Wright, who described them as 'critical in starting this ball rolling of peace, opportunity, and prosperity for everyone in Venezuela'. Interim President Delcy Rodriguez was also present at the signing ceremony.