business
Chevron, Trump administration move forward on ambitious Venezuela oil plans
Summary by The Nashville Editorial Desk AP via Scripps News Group , as published by NewsChannel 5 WTVF (CBS affiliate)
· September 2, 2026
· 1 min read
Photo: NewsChannel 5 WTVF (CBS affiliate) · view original
Story provenance No corrections
Summary created by The Nashville Editorial Desk — automated, rule-governed Byline on source page AP via Scripps News Group, as published by NewsChannel 5 WTVF (CBS affiliate) Original story Read at the source Source published Sep 2, 2026 Indexed here Sep 2, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
Every story comes with a passport. How we work · Corrections log
Key points Its production is expected to more than double, reaching around 600,000 barrels daily. This development follows a recent announcement by President Donald Trump regarding a significant oil deal.
A major oil company is increasing its presence in a certain country. This development follows a recent announcement by President Donald Trump regarding a significant oil deal. The company, which has a long history in this country, will invest a substantial amount of money over the next few years. Its production is expected to more than double, reaching around 600,000 barrels daily.
Further details about this expansion are available, including the company's plans for joint ventures and investments. The company's history in the country spans over a century, and it has been assigned additional land for its operations.
The company's decision reflects its confidence in the country's potential for oil production and its ability to attract investment.
More business Today’s briefing Local events
Why this story is here
NewsChannel 5 WTVF (CBS affiliate) reported and published this story. The Nashville selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
About this story
As published by NewsChannel 5 WTVF (CBS affiliate) . The Nashville selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit NewsChannel 5 WTVF (CBS affiliate) . Have a tip or correction? Contact the editor .
Category: business Published: September 2, 2026 Source: NewsChannel 5 WTVF (CBS affiliate) Reading time: 1 min
Frequently asked about this story
What is this story about? A major oil company is increasing its presence in a certain country. This development follows a recent announcement by President Donald Trump regarding a significant oil deal. The company, which has…
When was this published? This article was first published on September 2, 2026 by NewsChannel 5 WTVF (CBS affiliate) and curated for The Nashville readers.
Who reported this story? This story was reported by AP via Scripps News Group at NewsChannel 5 WTVF (CBS affiliate). To learn more about how The Nashville selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Nashville, or browse our daily briefing and topic hubs .
← Back to all news
More business →
Today’s briefing
Subscribe to newsletter
