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Oil & Energy

U.S. wants "very investment" from his country in Venezuela, says Chris Wright

US Energy Secretary Chris Wright arrived in Venezuela to sign a new Chevron contract in the Orinoco Belt, expressing a desire for significant US investment in the country.

Tracked question

Is the regime's fiscal position stabilizing or collapsing? · Full question dossier →

linked by topic terms: oil

What would settle it: Two quarters of consistent PDVSA output and reserve figures from independent trackers.

Evidence state: establishedas of Sep 12, 2026changed from emerging → establishednot yet linked to a tracked event object in our corpus — no source count yet

Chris Wright arrived in Venezuela on Tuesday and stated the US wants 'a lot of investment' in the country.

The visit aims to sign a new Chevron contract in the Orinoco Belt, expanding its operations and increasing Venezuela's production capacity.

Last Friday, Venezuela and the US announced a 'historic' oil agreement with a 25-year term and a production target of over 1.5 million barrels per day.

The White House confirmed a 100-year concession to North American Blue Energy Partners (NABEP), owned by Alejandro Betancourt.

AI-assisted synthesis anchored to a real VeraVadis-analyzed source. Cleared by VeraVadis's automated editorial gates on 2026-09-11 — not reviewed by a human editor. Archive piece: published under our earlier method. It does not carry the per-claim evidence chain — who reported it first and who is echoing whom — that our current pieces carry. The source link and the date are the original ones.