Chevron: Trump secures 65 billion barrels of Venezuelan oil - the US oil giant is already ready

Donald Trump will use oil from the new Venezuela agreement to replenish the strategic US oil reserve. This has fallen to its lowest level since 1982, with only about 290 million barrels remaining. For Chevron, this significantly increases the strategic importance of its Venezuela operations. The company is already the largest major US oil firm in the country and is reportedly poised for further expansion with two heavy oil fields, according to the Wall Street Journal. The US seeks access to about 65 billion barrels of Venezuelan reserves and...