Analysis identifies Chevron as biggest winner from Venezuelan oil surge
1 Sep 21 11:40 AM · 2d ago · 1 article · 4 posts · 23 comments · 2 sources · development 1 of 1
Financial analysts highlight Chevron's strategic positioning to capitalize on the Venezuelan oil recovery, noting the company's ability to process Venezuelan heavy crude at U.S. refineries operating at 97% utilization. Chevron's broader financial strength—$70 billion in Q2 revenue and $15.4 billion adjusted free cash flow—supports the $7 billion Venezuelan investment.
“Over the past six months, Venezuelan imports have increased by 550,000 barrels per day, or 237%, while the three-month average reached 626,000 barrels per day.”
U.S. Energy Information Administration, Federal energy data agency · rss ↗Chevron Major oil producer investing in Venezuela
President Trump U.S. administration official
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What was reported 1 claim about this development
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1 outlet U.S. Oil Imports From Venezuela Just Exploded to a 9-Year High — Chevron Could Be the Biggest Winner
first by Yahoo Finance, 2d ago
What people said 24 voices · best of 43 · verbatim
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you mean the CIA front company that was doing drug trafficking? the entire claim was so low effort and an insult to people who can actually read. https://thegrayzone.com/2026/01/05/indictment-maduro-cia-network-witness/ Cartel of the Suns: created by the CIA, weaponized by the DOJ In the original indictment of Maduro, the DOJ explicitly accused…
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Rodriguez clearly sold Maduro out. One of the key parts of intelligence gathering is figuring out who is corrupt ("swayable") or able to be blackmailed and to what degree. This is why a key aspect of a security clearance is to vet those people out as much as possible. In the United States for example, it's not like they believe that marijuana use…
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Venezuela cannot nationalize the oil companies again. The agreement signed is governed by US law. That means adjudicated in US courts, and if necessary enforced by US military. What makes this agreement different is that investors do not have to trust Venezuela itself. They can trust the outside institutions Venezuela has agreed to rely on…
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That's been debunked - per US own records. The US supported Pol Pot while he was in power. https://geopoliticaleconomy.com/2015/05/29/wikileaks-us-supported-khmer-rouge-vietnam-ussr/ Formerly classified 1978 diplomatic cables released by Wikileaks show that the US government supported the Khmer Rouge, in order to maintain “stability” in Cambodia…
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Blatant corruption, geopolitical issues, and mismanagement aside (which I know is a lot), we didn't import much Venezuelan oil for the last decade. 782,000 barels per day is about 22,000,000 barrels a month. Here is a chart of oil imports from Venezuela according to the EIA . So our current seized oil amounts to about half the export numbers they…
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Are you talking about the Venezuelan issued licenses for gold refining or the transfer of Venezuelan gold ( that they still own) from London to the US to secure Venezuelan loans? How about the billions in investment flooding in now companies feel it’s safe their assets won’t get seized like Chavez did and started this whole mess? Have you ever…
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All the talk about us idiot Americans worried about paying $70 for a tank of gas instead of $50, our “war” in Iran and all the Donald’s missteps and yapping.. people forget we literally waltzed into Venezuela, snatched their leader and are now taking THEIR oil with countless American companies making millions/billions off of it and no one mentions…
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It's the perfect crime. US taxpayers bear the cost of the Iran war while companies like Chevron profit from being able to sell low production cost crude at high prices. Trump and his cronies will get plenty of kickbacks. And absolutely nothing will be done about this as the world moves on to the next topic to be angry about.
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They kept the regime in place. The US illegally invaded another country, replaced the ruler by one who submits to them and now had them sign a "deal" at gunpoint to allow them to plunder their resources. The US has always done this but this is a blatant and naked instance of this.
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Irrelevant. Whether I want him back or not changes nothing to the fact that US intervention did not, in fact, result in Venezuela no longer being a dictatorship and that they did this with the now realized objective to steal Venezuela's resources.
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Lol you think the next government, whoever that may be, is going to redirect this neocolonial bullshit? That is, if the Venezuelans ever have a next government which by the looks of it seems exceedingly unlikely.
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Read Venezuela history from 1958 to 1990 they had oil money and spent it like drunken sailors ruining the country. Then continued to spend like drunk sailors when the money ran out and destroyed the country.
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fyi immigrants from countries the US has couped tend to be the worst people of their countries, as in they were exploiters that had their shit taken away. This is certainly true for Cubans and Venezuelans.
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"Used informally" incorrectly, literally the opposite of its actual meaning. The word you should have used is figuratively . Not a literal drop in the bucket, a figure of speech drop in the bucket.
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Truly disgusting. I have family of all political stripes R and D. They all say they've seen nothing like this in their entire lifetimes, many are 70+ yo boomers. It's truly unprecedented.
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This is sooooo comically wrong lol. Venezuelan crude is insanely cheap to extract. Try ~$20/BBL. It’s cheap and easy to transport by ship to gulf coast refineries already set up for it.
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You mean to say the winners are American companies and their shareholders while the people who miss out are the Venezuelean people? Almost as if the location of the oil isnt relevant
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Literally is an adverb that traditionally means in a strict, exact, or actual sense, but it is also widely used informally as an intensifier for exaggeration. Don’t you look dumb.
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Dumb question possibly: why not build capable reineries in nearby Guyana (a US ally) and refine Venezuelan there in addition to the oil they recently discovered in Guyana itself?
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yes, he did a lot for his people and no, CIA propaganda isn't real. you can't just use atrocity propaganda against any country you don't like. that's not how shit works.
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And I just know if/when democrats take back control they will let all of these criminals get away with it in the interest of "healing the country" or whatever
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> both Chavez and Maduro have done a TREMENDOUS amount for their people Hold up: Explain that. The Venezuelan economy is in the trash because of these guys.
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Greed, same as always. What will happen is also the same as always, assets will be nationalized as soon as they become ready. Paperwork doesn't mean shit.
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Lol yeah sure buddy they claim that but nobody in Venezuela thinks they did anything but kill protestors and take oil money while letting it go to shit
All 1 developments of U.S. oil imports from Venezuela hit 9-year high as Chevron… →
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