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Private companies set to strike new deals to expand Venezuelan oil production
Summary by The Waco Editorial Desk Haley Bull , as published by KXXV (ABC 25) News
· September 3, 2026
· 1 min read
Photo: KXXV (ABC 25) News · view original
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Summary created by The Waco Editorial Desk — automated, rule-governed Byline on source page Haley Bull, as published by KXXV (ABC 25) News Original story Read at the source Source published Sep 3, 2026 Indexed here Sep 3, 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
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Key points The Department of Energy has expectations for the outcome of these agreements. Further details about these efforts are available, including statements from officials involved in the negotiations, such as the US Energy Secretary and the acting Venezuelan President.
Energy production in Venezuela is set to increase. Companies such as Chevron and Eni are involved in efforts to expand oil production. A recent agreement allows the US to access Venezuelan oil, with the goal of boosting production.
The Department of Energy has expectations for the outcome of these agreements. Oil production is anticipated to significantly increase in a short timeframe.
Further details about these efforts are available, including statements from officials involved in the negotiations, such as the US Energy Secretary and the acting Venezuelan President.
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KXXV (ABC 25) News reported and published this story. The Waco 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.
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As published by KXXV (ABC 25) News . The Waco 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 KXXV (ABC 25) News . Have a tip or correction? Contact the editor .
Category: News Published: September 3, 2026 Source: KXXV (ABC 25) News Reading time: 1 min
Frequently asked about this story
What is this story about? Energy production in Venezuela is set to increase. Companies such as Chevron and Eni are involved in efforts to expand oil production. A recent agreement allows the US to access Venezuelan oil, with…
When was this published? This article was first published on September 3, 2026 by KXXV (ABC 25) News and curated for The Waco readers.
Who reported this story? This story was reported by Haley Bull at KXXV (ABC 25) News. To learn more about how The Waco selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more News coverage from The Waco, or browse our daily briefing and topic hubs .
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