Chevron Eyes Venezuelan Oil Expansion Amid White House Push

US energy giant Chevron is poised to expand its operations in Venezuela, according to a US official who spoke on condition of anonymity. The announcement is expected to be made public after company officials and Energy Secretary Chris Wright visit Venezuela on Wednesday.

Chevron is the second-largest US oil company and currently has a significant presence in Venezuela. This move comes as part of the White House's efforts to tap into Venezuela's oil industry, with President Donald Trump's administration partnering with North American Blue Energy Partners.