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Venezuela to Grant More Oil Drilling Blocks to Chevron, Repsol

February 12, 2026 at 06:41 PM
By Fabiola Zerpa
Venezuela to Grant More Oil Drilling Blocks to Chevron, Repsol

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Venezuela plans to grant more oil-production land to Chevron Corp. and Spain’s Repsol SA as the Trump administration pushes for private companies to rebuild the nation’s energy sector, according to people with knowledge of the matter.

Analysis & Context

Venezuela plans to grant more oil-production land to Chevron Corp. and Spain’s Repsol SA as the Trump administration pushes for private companies to rebuild the nation’s energy sector, according to people with knowledge of the matter. This article provides comprehensive coverage and analysis of current events.

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Venezuela plans to grant more oil-production land to Chevron Corp. and Spain’s Repsol SA as the Trump administration pushes for private companies to rebuild the nation’s energy sector, according to people with knowledge of the matter.

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