Fact-check · Sep 2, 2026 · Donald Trump
“Chevron announced today they're gonna spend $18,000,000,000 on rebuilding the entire infrastructure for their oil sections”
FALSE
What the record shows
Chevron announced September 2, 2026, plans to invest over $7 billion over five years in Venezuela operations, not $18 billion.
Sources
- Chevron will expand Venezuela operations, more than doubling ...
- Chevron Just Committed $7 Billion to Venezuela. Here's What It ...
- Chevron announces deal to expand its oil production in Venezuela
- US oil giant Chevron to expand Venezuela operations
- Chevron to expand in Venezuela, days after the U.S. and Venezuela ...
- Chevron to expand in Venezuela, days after the U.S. and Venezuela ...
From: President Trump Participates in a Rose Garden Dinner
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