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Wednesday, September 2, 2026

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11 results for"Gulf oil supplies security"

Chevron announces deal to expand its oil production in Venezuela

Chevron announced early Wednesday that it has reached an agreement to expand its oil production in Venezuela. Chevron said that it has been assigned additional acreage in the Orinoco Belt, where it has an established position. Joint venture plans include investing more than $7 billion over the next five years and increasing production to approximately…

Iran targets US allies in Gulf after latest strikes

Iran launched missiles and drones at U.S. allies and military bases across the Middle East early Wednesday, in retaliation for the renewed wave of U.S. strikes targeting Iran late Tuesday as the war stretches into its seventh month. Tehran said it targeted U.S. assets in Kuwait, Bahrain, Jordan and Iraq, just hours after the U.S.…