US oversees signing of ‘billions’ in deals between Venezuela and Chevron, ENI, GE

On Wednesday, United States Energy Secretary Chris Wright traveled to Caracas, Venezuela, to oversee the signing of energy agreements between the Venezuelan government and international corporations, including Chevron, ENI, and GE Vernova. The deals, finalized during meetings between Wright and Venezuelan Interim President Delcy Rodriguez, are valued at tens of billions of dollars.

The agreements represent a significant development in the energy sector involving major global firms and the Venezuelan state. The visit and the subsequent signing ceremony mark a formal diplomatic and economic engagement between the U.S. energy department and the current Venezuelan administration.