---
title: "American oil majors trying to get into Venezuela have hit a wall"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294338821.md"
description: "Exxon, Chevron and others are jockeying for the best oil fields, but talks aren’t progressing as quickly as the Trump administration hoped."
datetime: "2026-07-30T09:54:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294338821.md)
  - [en](https://longbridge.com/en/news/294338821.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294338821.md)
generator: "portal-rs"
---

# American oil majors trying to get into Venezuela have hit a wall

Exxon, Chevron and others are jockeying for the best oil fields, but talks aren’t progressing as quickly as the Trump administration hoped.

### Related Stocks

- [CVX.US](https://longbridge.com/en/quote/CVX.US.md)
- [XOM.US](https://longbridge.com/en/quote/XOM.US.md)
- [XOMX.US](https://longbridge.com/en/quote/XOMX.US.md)
- [XOMZ.US](https://longbridge.com/en/quote/XOMZ.US.md)
- [XOMO.US](https://longbridge.com/en/quote/XOMO.US.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)
- [BNO.US](https://longbridge.com/en/quote/BNO.US.md)
- [UCO.US](https://longbridge.com/en/quote/UCO.US.md)

## Related News & Research

- [Chevron to double oil rigs in Venezuela as part of growth plan](https://longbridge.com/en/news/298350894.md)
- [Chevron to fund $7 billion Venezuela investment with revenue from existing operations, CEO says](https://longbridge.com/en/news/298744047.md)
- [Chevron Corporation $CVX Shares Sold by HORAN Wealth LLC](https://longbridge.com/en/news/298201007.md)
- [US oil giant Chevron confirms it will expand operations in Venezuela](https://longbridge.com/en/news/297803487.md)
- [Saudi oil supply hits more than three-decade low after Houthi attacks, IEA says](https://longbridge.com/en/news/298715582.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**