Exclusive-Chevron, Shell closing in on first big oil production deals in Venezuela since US captured Maduro, sources say [Yahoo! Finance Canada]
ConocoPhillips (COP)
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Source: Yahoo! Finance Canada
REUTERS/Dado Ruvic/Illustration By Marianna Parraga and Deisy Buitrago 6 min read In this article By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS, March 10 (Reuters) - International oil majors Chevron and Shell are closing in on the first big oil production deals with Venezuela since the U.S. capture of President Nicolas Maduro in January, five sources close to the negotiations told Reuters. The deals would allow both companies to boost production in coveted oil regions in the South American country, the biggest steps to date toward what U.S. President Donald ?Trump has said would be a $100 billion effort to rebuild Venezuela's oil industry after decades of mismanagement and underinvestment under Maduro and his predecessor Hugo Chavez. Venezuela's National Assembly in late January approved a sweeping reform of the country's ?main oil law. It now grants foreign companies autonomy to operate, export and sell Venezuelan oil even when they are minority partners of sta
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News
- Chevron & Shell Eye Major Oil Deals to Revive Venezuela Output [Yahoo! Finance]Yahoo! Finance
- How The ConocoPhillips (COP) Narrative Is Shifting On Oil Price Debates And Cash Flow Hopes [Yahoo! Finance]Yahoo! Finance
- ConocoPhillips (COP) Favored at Goldman Amid the Middle East Crisis [Yahoo! Finance]Yahoo! Finance
- Exclusive-Chevron, Shell closing in on first big oil production deals in Venezuela since US captured Maduro, sources say [Yahoo! Finance]Yahoo! Finance
- ConocoPhillips Is Shifting From Growth Mode to Cash Harvesting at a Critical Moment [Yahoo! Finance]Yahoo! Finance
COP
Earnings
- 2/5/26 - Miss
COP
Sec Filings
- 3/10/26 - Form 4
- 3/9/26 - Form 144
- 3/9/26 - Form 4
- COP's page on the SEC website