--- 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) - [Saudi oil supply hits more than three-decade low after Houthi attacks, IEA says](https://longbridge.com/en/news/298715582.md) - [US oil giant Chevron confirms it will expand operations in Venezuela](https://longbridge.com/en/news/297803487.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**