BATON ROUGE, LOUISIANA (By Steve Stewart,Energy Analytics Institute, 9.Jan.2026, Words: 292) — US energy secretary Chris Wright stated that Chevron (US), Shell (UK), Repsol (Spain), and ENI (Italy) will “immediately” increase their investment in Venezuela.
The planned investments came to light after oil executives with the companies held a group meeting with US president Donald Trump on 9 Jan. 2025 at the White House.