Energy Secretary Christopher Wright reveals how American oil giants plan to help rebuild Venezuela's industry after decades of socialist mismanagement and economic collapse.

Chevron stock and other oil companies were soaring early Monday even as crude prices were only up around 1% following the surprise U.S. operation to capture Venezuelan President Nicolás Maduro.

Chevron shares were among the big gainers on Monday as investors gauged the impact of U.S. actions against Venezuela, including the capture of Nicolás Maduro.

A former Chevron executive is seeking $2 billion in investment for oil opportunities in Venezuela as the U.S. shows interest in rebuilding the country's petroleum industry following the capture of its former leader.

Shell Plc signed a deal to acquire a 35% stake in two oil blocks offshore Angola from Chevron Corp.’s subsidiary in the southern African nation, the London-based energy giant said Tuesday.

Chevron ( CVX 0.79%) is lining up with private equity group Quantum Energy in a bid for sanctioned Russian oil company Lukoil's international assets, the Financial Times reports. Lukoil said last year it would sell its non-Russian operations.

Warren Buffett's Berkshire Hathaway owns about 6% of Chevron, the only US oil major still operating in Venezuela.

US oil giant Chevron and private equity firm Quantum Capital Group have partnered on a bid for sanctioned Russian oil company Lukoil's international assets, valued at $22 billion, the Financial