Venezuela´s President Nicolás Maduro Denounces Trump’s Sanctions as Harmful to Chevron and Promises Increased Venezuelan Oil Production

President Maduro responds to Chevron’s warnings about operations in Venezuela.Photo:Presidential Press.
May 5, 2025 Hour: 9:59 pm
President Nicolás Maduro responds to Chevron CEO Mike Wirth’s statements, denouncing U.S. sanctions that harm the American oil company. Maduro assures that Venezuela will boost its oil production despite external pressures.
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President Nicolás Maduro strongly addressed recent remarks by Chevron CEO Mike Wirth, who warned of risks to U.S. energy security if the company withdraws from Venezuela. Maduro affirmed that the real damage is being done to Chevron due to sanctions imposed by extremist sectors in both the United States and Venezuela, which seek to undermine the historic relationship with the company.
Maduro recalled that the sanctions were driven by Venezuela’s fascist far-right and extremist sectors in the U.S., who applaud measures that harm Chevron and, consequently, the economies of both Venezuela and the United States. The president called these actions “nonsense” and directly blamed the Trump administration for breaking the agreement with the oil giant.
Venezuela’s Commitment to Chevron and Oil Production
On his program “Con Maduro +,” the president highlighted that after discussions with oil workers, Venezuelan oil production is not only stable but poised to increase. Maduro reiterated that Venezuela will strictly honor its contractual agreements with Chevron, guaranteeing the continuity and expansion of oil production and commercialization.
Ver en Threads
The text reads: #ConMaduro+ || “The sanctions against Chevron were requested by the fascist far-right, who celebrate the harm done to the company and continue insisting on preventing its presence in the country. We will continue to honor our agreements with Chevron, and our workers are ready to keep producing,” warned President @nicolasmaduro.
Chevron CEO Mike Wirth has called on the U.S. government for a more stable and lasting energy policy to avoid abrupt changes like those imposed by Trump, which have affected operations in Venezuela. Wirth emphasized the need for legislation that allows the company to plan long-term and avoid risks stemming from extreme political decisions.
Sanctions against Chevron and Venezuela are destined to disrupt the economy of the Caribbean nation, affecting the Venezuelan people and triggering mass migration. Vice President Delcy Rodríguez has denounced these measures as attempts to harm the Venezuelan people, but in reality, they also hurt the U.S. and its companies, revealing the counterproductive nature of the sanctions.
Venezuela Reaffirms Sovereignty and Calls for Foreign Investment
Maduro called for the lifting of sanctions and the welcoming of more international investment, emphasizing that Venezuela is a serious and trustworthy country willing to maintain commercial and contractual relations with companies like Chevron. The president stressed that the patriotism and resilience of the Venezuelan people will prevail against any external aggression.
Author: YCL
Source: ÚN