The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping in 1914.
Venezuela’s Oil Industry: A Timeline of Key Events
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Chevron Corporation, Coups D’Etat and Attempted Coups D’Etat, Drilling and Boring, Exxon Mobil Corp, International Relations, Nationalization of Industry, Oil (Petroleum) and Gasoline, Petroleos de Venezuela SA, Politics and Government, Trump, Donald J, United States International Relations, United States Politics and Government, US-Venezuela Conflict (2025- ), Venezuela