Petroleum Archives - The Daily Journal

Trump praises Chevron’s return to Venezuela and predicts major profits

August 5, 2026August 5, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — U.S. President Donald Trump praised Chevron’s return to Venezuela and said the American oil company now operates in the country “much bigger and stronger than ever,” with expectations of generating substantial profits. He credited his administration’s policies for the company’s performance. “They threw Mike and Chevron out of Venezuela, but now […]

The oil sector expanded by more than 9% in the second quarter

July 7, 2026July 7, 2026Tatiana Da GamaLeave a Comment

The Daily Journal — Acting President Delcy Rodríguez announced that Venezuela’s oil sector expanded by more than 9% during the second quarter of the year. She added that the industry also posted year-over-year growth exceeding 10% compared with the same period in 2025. “The hydrocarbons sector remains active and continues to recover. During this second […]