Chevron Is in Talks to Expand in Venezuela, a Potential Win for Trump NYT > Top Stories By: Rebecca F. Elliott · Simon Romero · Anatoly Kurmanaev and Lisa Friedman 29 August 2026 at 00:30 President Trump’s administration has been pushing U.S. companies like Chevron to invest more in Venezuela’s oil industry. © Marco Bello/ReutersA Chevron-chartered oil tanker was anchored near Maracaibo, Venezuela, in February. Chevron is the only U.S. oil company with a major footprint in the country.