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Bloomberg Businessweek
Bloomberg Businessweek

Venezuela Signs Oil Agreements With Chevron After US Deal

39 min•2 september 2026

Om avsnittet

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Chevron plans to invest $7 billion over the next five years to more than double crude production in Venezuela through its joint venture partnerships. The announcement comes after President Trump announced a deal to develop Venezuela's oil reserves, giving the Pentagon a stake in the profits. Bloomberg News Washington Correspondent Tyler Kendall spoke with US Energy Secretary Chris Wright and Chevron CEO Mike Wirth about the new deals.

On today's episode, Tim Stenovec and guest host Lisa Mateo speak with:

  • Tyler Kendall, Bloomberg News Washington Correspondent
  • Chris Kennedy, Bloomberg Economics Economic Statecraft Lead
  • Miguel Martin, Aurora Cannabis CEO
  • Daniel Schreiber, Lemonade Co-Founder and CEO

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