The US refinery now processing Venezuelan oil
Chevron is now importing 250,000 barrels of crude per day from Venezuela.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"It's a big deal not only for Chevron but the entire Gulf region."
— Tim Potter , Executive
"We think we can take that up another 50% so call it somewhere around 350,000 to 400,000 barrels a day of just the Chevron share of our position in Venezuela."
— Andy Walz , Executive
"The United States imports almost no oil through the Hormuz Strait, and won't be taking any in the future, we don't need it."
— Donald Trump , Politician
""It's a big deal not only for Chevron but the entire Gulf region.""
— Tim Potter , Executive
""We think we can take that up another 50% so call it somewhere around 350,000 to 400,000 barrels a day of just the Chevron share of our position in Venezuela.""
— Andy Walz , Executive
""The United States imports almost no oil through the Hormuz Strait, and won't be taking any in the future, we don't need it.""
— Donald Trump , Politician
Key People
Andy Walz is the president of downstream, midstream and chemicals at Chevron.
Former president of the United States known for his aggressive economic policies.
Nicholas Maduro is the former president of Venezuela.
Tim Potter is the director for Chevron's oil refinery in Pascagoula, Mississippi.
Tags
All Coverage
Chevron is now importing 250,000 barrels of crude per day from Venezuela.
Chevron has begun importing 250,000 barrels of crude oil daily from Venezuela, indicating a major development in U.S. energy imports.
Chevron is now importing 250,000 barrels of crude per day from Venezuela, marking a significant shift in U.S.-Venezuela oil relations.
Similar Stories
Related coverage based on topic and tags
Trump says US has 'historic' deal to control 65bn barrels of Venezuela's oil
The agreement would grant the US majority control of over 65 billion barrels of proven Venezuelan oil reserves, Trump said.
August 29, 2026 at 12:25 AMChevron to complete deal in Venezuela to migrate, expand oil projects, sources say - Reuters
Chevron to complete deal in Venezuela to migrate, expand oil projects, sources say Reuters
August 28, 2026 at 09:13 PMTrump says US is taking partial control of Venezuela's vast oil reserves - Reuters
Trump says US is taking partial control of Venezuela's vast oil reserves Reuters
August 28, 2026 at 10:55 PMUS nears deal to secure long-term access to Venezuela's oil reserves, sources say - Reuters
US nears deal to secure long-term access to Venezuela's oil reserves, sources say Reuters
August 27, 2026 at 11:31 PMEXCLUSIVE: SLB gains access to Venezuela's coveted oilfield data through contract, sources say - Reuters
EXCLUSIVE: SLB gains access to Venezuela's coveted oilfield data through contract, sources say Reuters
August 25, 2026 at 05:53 PMTrump administration discusses taking stake in Venezuela oil, Axios reports - Reuters
Trump administration discusses taking stake in Venezuela oil, Axios reports Reuters
August 27, 2026 at 09:18 PM