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Chevron is taking steps to more than double its production in Venezuela, planning to invest more than $7 billion in the country over the next five years.

Sept 2 (Reuters) - Chevron said on Wednesday it had agreed with Venezuela on updated terms for its joint ventures in the country and plans to invest more than $7 billion over the next five years,

Wall Street closed lower on Tuesday to start September.

Energy stocks currently offer high dividend yields.

Chevron is expected to announce an expansion of its Venezuelan operations on Wednesday, hours after the country's parliament approved handing Washington control of a fifth of its oil reserves and as US Energy Secretary Chris Wright arrives to sign the agreement.View on euronews

ExxonMobil Holdings (XOM) is back in focus after reports that it is among several bidders for Shell’s U.S. chemicals business, a portfolio of four plants that could be valued near US$8b. ExxonMobil Holdings has ridden stronger oil prices and steady operational news to a 7.88% 90 day share price return and a 34.16% year to date share price return. Total shareholder return over five years is a very large 259.44%, suggesting momentum has recently been building rather than fading. Compare...

Energy stocks were higher late Tuesday afternoon, with the NYSE Energy Sector Index rising 1.7% and

Energy ETFs could benefit as the U.S.-Venezuela oil deal drives long-term investment in Venezuela's oil infrastructure.

The 5% jump in U.S. crude oil prices today is having some of the familiar effects we've seen in recent months across the market when tensions build in the Middle East. Winners largely are coming from the energy sector, which is the best performing group in the S&P 500 today.

Amazon's e-commerce empire quietly rivals some of the world's largest corporations, yet investors keep treating it as the boring half of the business. Understanding what each division is actually worth changes everything about how you see the stock.

Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index rising 1.1% and the S

Trump just claimed rights to more oil than exists beneath all 50 states combined, but the Gulf Coast refiners responsible for turning that crude into gasoline have a very different reaction than the White House expected.

Iran and Venezuela just handed energy investors two completely opposite catalysts at the same time, and Chevron, Exxon, and Halliburton are reacting in real time as traders try to figure out which story actually matters for their portfolios.

President Trump is meeting with several oil executives on Tuesday to discuss expanding refining capacity in the US, with the goal of lowering gas prices. This comes after the US entered a major oil deal (CL=F, BZ=F) with Venezuela, buying up a large portion of the country's oil production rights. Yahoo Finance Washington Correspondent Ben Werschkul outlines all the key details of the meeting.

First Eagle Investment Management, an investment management company, released its Q2 2026 investor update for “First Eagle Global Fund”. The letter can be downloaded here. Easing tensions in the Middle East led to a strong rally in risk markets in Q2. The S&P 500 Index rose 15.2%, while the MSCI EAFE Index gained 10.8%. Growth […]

Energy stocks were advancing premarket Tuesday, with the State Street Energy Select Sector SPDR ETF

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.5% and the actively tr

Stock Market Today: The Dow Jones index drops Tuesday as oil prices and Treasury yields jump. Nvidia and Micron are early losers.

U.S. stock markets closed lower on Monday following the escalation of geopolitical conflicts in the Middle East.

According to a report from Reuters, Exxon Mobil, Chevron, GE Vernova, as well as India's ONGC, Italy's Eni, and Colombia's GeoPark are close to closing energy deals in Venezuela after months of negotiations.

The Trump deal to acquire Venezuelan oil could be a windfall for Chevron.

A torrent of cash returned to Chevron owners has powered market-beating returns, but it raises a sharp question about where the energy giant goes from here.

Crude's return above $90 boosts cash flow, but Exxon's White House exclusion creates a new political discount.

Oil prices are rising again.

President Donald Trump said ExxonMobil Holdings Corporation (NYSE:XOM) is among the major oil companies preparing to enter Venezuela, signaling a potential reversal of Exxon’s nearly two-decade absence from the country. Exxon previously exited after Venezuela nationalized its assets in 2007. The company sent a technical team to study opportunities in Venezuela in March but has […]

Earlier this week, reports emerged that ExxonMobil Holdings joined several bidders for Shell’s U.S. chemicals division, an asset spanning four plants in Louisiana, Texas, and Pennsylvania that could be sold for about US$8.00 billion as Shell continues to reshape its portfolio through disposals. This potential acquisition would deepen ExxonMobil’s footprint in U.S. chemicals at a time when Shell is monetizing assets that recently contributed meaningfully to its quarterly earnings. We’ll now...

Venezuela sits on a staggering share of the world's proven oil reserves, and a new U.S. deal just handed American companies a major stake in them. But one energy expert says investors may be wildly misjudging when any of that oil actually reaches the market.

A leveraged energy ETF already turned a solid sector rally into something far bigger in 2026, and the math behind how that happens is both more powerful and more dangerous than most investors realize.

(Updates with White House comment in last paragraph.) President Donald Trump is expected to host

ExxonMobil's record Q2 production and $116B revenue beat highlight growth, but costs, cyclicality and Middle East disruptions cloud earnings visibility.