Chevron announced on September 2, 2026, that it will invest more than USD 7,000 million over the next five years to double its oil production in Venezuela. ^[1] Chevron plans to increase its daily production in Venezuela to approximately 600,000 barrels by 2031, up from the 2026 levels. ^[2] The article, published on 2026-02-09, reports that Chevron and Eni committed to expand oil projects in Venezuela under United States oversight. ^[3] Chevron's joint venture Petroindependencia, in which Chevron holds a 49% stake, obtained licenses to exploit the Carabobo 1 and Carabobo 2 Sur-A oil fields. ^[4] The United States and Venezuela signed an agreement on September 2, 2026, ceding to Washington the exploitation of 65,000 million barrels of crude oil, representing one-fifth of Venezuela's reserves for 100 years. ^[5] The article's cover caption states that a high-level official named Wright made his first visit to Venezuela since the capture of Nicolás Maduro. ^[6] The article was issued by France 24's Americas section on 2026-02-09 and features a video report. ^[7]