U.S. Oil Companies Face May 27 Exit from Venezuela as China Deepens Influence

U.S. Oil Companies Face May 27 Exit from Venezuela as China Deepens Influence

Javier Manjarres
|
May 15, 2025
As the May 27 deadline approaches for U.S. and European energy companies to cease operations in Venezuela, Chinese firms are rushing to fill the vacuum in the oil-rich South American nation, significantly reshaping regional geopolitics and energy markets. Chevron, Repsol, Eni, and Maurel & Prom must exit Venezuela by month's end following the U.S. Treasury […]
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