U.S. energy policy Archives - The Daily Journal

Trump announces deal giving U.S. majority control over more than 65 billion barrels of proven oil reserves

August 29, 2026August 29, 2026Tatiana Da GamaLeave a Comment

The Daily Journal. — U.S. President Donald Trump announced Friday that Washington had reached an energy agreement with the Venezuelan government that he described as “the largest oil deal in world history,” under which U.S. companies will assume majority control over more than 65 billion barrels of proven crude oil reserves. In a message posted […]

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 […]