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Oil & Energy

Major U.S. oil company to announce multimillion-dollar investment in Venezuela, U.S. Energy Secretary says

US Energy Secretary Chris Wright said in an interview that a well-known American oil company will announce a multimillion-dollar investment in Venezuela, with more announcements to follow.

US Energy Secretary Chris Wright announced upcoming 'very exciting' announcements regarding Venezuela, including an investment by a well-known US oil company.

Wright said Venezuela could play an important role in increasing oil production and highlighted its underutilized refining capacity.

The company name and investment amount were not disclosed in the interview.

Wright expressed US government interest in investments to restore and expand Venezuelan refining capacity and crude output.

AI-assisted synthesis anchored to a real VeraVadis-analyzed source. Cleared by VeraVadis's automated editorial gates on 2026-09-16 — 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.