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Ties between California and Venezuela go back more than a century with Chevron

As a stunned world processes the U.S. government’s sudden intervention in Venezuela — debating its legality, guessing who the ultimate winners and losers will be — a company founded in California with deep ties to the Golden State could be among the prime beneficiaries.

Venezuela has the largest proven oil reserves on the planet. Chevron, the international petroleum conglomerate with a massive refinery in El Segundo and headquartered, until recently, in San Ramon, is the only foreign oil company that has continued operating there through decades of revolution.

Other major oil companies, including ConocoPhillips and Exxon Mobil, pulled out of Venezuela in 2007 when then-President Hugo Chávez required them to surrender majority ownership of their operations to the country’s state-controlled oil company, PDVSA.

But Chevron remained, playing the “long game,” according to industry analysts, hoping to someday resume reaping big profits from the investments the company started making there almost a century ago.

Looks like that bet might finally pay off.

In his news conference Saturday, after U.S. Special Forces snatched Venezuelan President Nicolás Maduro and his wife in Caracas and extradited them to face drug-trafficking charges in New York, President Trump said the U.S. would “run” Venezuela and open more of its massive oil reserves to American corporations.

“We’re going to have our very large U.S. oil companies, the biggest anywhere in the world, go in, spend billions of dollars, fix the badly broken infrastructure, the oil infrastructure, and start making money for the country,” Trump said during a news conference Saturday.

While oil industry analysts temper expectations by warning it could take years to start extracting significant profits given Venezuela’s long-neglected, dilapidated infrastructure, and everyday Venezuelans worry about the proceeds flowing out of the country and into the pockets of U.S. investors, there’s one group who could be forgiven for jumping with unreserved joy: Chevron insiders who championed the decision to remain in Venezuela all these years.

But the company’s official response to the stunning turn of events has been poker-faced.

“Chevron remains focused on the safety and well-being of our employees, as well as the integrity of our assets,” spokesman Bill Turenne emailed The Times on Sunday, the same statement the company sent to news outlets all weekend. “We continue to operate in full compliance with all relevant laws and regulations.”

Turenne did not respond to questions about the possible financial rewards for the company stemming from this weekend’s U.S. military action.

Chevron, which is a direct descendant of a small oil company founded in Southern California in the 1870s, has grown into a $300-billion global corporation. It was headquartered in San Ramon, just outside of San Francisco, until executives announced in August 2024 that they were fleeing high-cost California for Houston.

Texas’ relatively low taxes and light regulation have been a beacon for many California companies, and most of Chevron’s competitors are based there.

Chevron began exploring in Venezuela in the early 1920s, according to the company’s website, and ramped up operations after discovering the massive Boscan oil field in the 1940s. Over the decades, it grew into Venezuela’s largest foreign investor.

The company held on over the decades as Venezuela’s government moved steadily to the left; it began to nationalize the oil industry by creating a state-owned petroleum company in 1976, and then demanded majority ownership of foreign oil assets in 2007 under Chávez.

Venezuela has the world’s largest proven crude oil reserves — meaning they’re economical to tap — about 303 billion barrels, according to the U.S. Energy Information Administration.

But even with those massive reserves, Venezuela has been producing less than 1% of the world’s crude oil supply. Production has steadily declined from the 3.5 million barrels per day pumped in 1999 to just over 1 million barrels per day now.

Currently, Chevron’s operations in Venezuela employ about 3,000 people and produce between 250,000 and 300,000 barrels of oil per day, according to published reports.

That’s less than 10% of the roughly 3 million barrels the company produces from holdings scattered across the globe, from the Gulf of Mexico to Kazakhstan and Australia.

But some analysts are optimistic that Venezuela could double or triple its current output relatively quickly — which could lead to a windfall for Chevron.

The Associated Press contributed to this report.

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Jack Draper set to return from injury in Great Britain Davis Cup tie

Cameron Norrie, Jacob Fearnley, Lloyd Glasspool and Julian Cash are also in the squad.

The winner will face either Australia or Ecuador in the competition’s second qualifying round in September.

In a post on X late last month,, external Draper described the injury as one of the most “challenging” and “complex” of his career.

He said the decision not to compete in the Australian Open, which begins on 18 January, had been “really, really tough”.

Draper struggled with discomfort in the top part of his serving arm – his left – for several months, eventually shutting down his season after withdrawing from the US Open in August.

It came after a successful first part of the year, with Draper reaching a career-high of fourth in the world in June and also securing a maiden Masters 1000 title with victory at Indian Wells in March.

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Senegal beat Benin to claim AFCON group, as DR Congo set up Algeria tie | Africa Cup of Nations News

Senegal beat Benin 3-0 to top AFCON 2025 group, while DR Congo beat Botswana, setting up a mouth-watering Algeria tie.

Senegal saw off Benin on Tuesday to go through to the last 16 of the Africa Cup of Nations as winners of Group D, leaving the Democratic Republic of the Congo (DRC) to settle for second place, which means they will play Algeria in a heavyweight tie in the next round.

Sadio Mane’s Senegal, the 2022 African champions, came into the final round of group games needing to beat Benin in Tangier, and hope their Congolese rivals have not managed to move above them on goal difference.

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Senegal ran out 3-0 winners against Benin, with Abdoulaye Seck and Habib Diallo scoring before skipper Kalidou Koulibaly was sent off in the second half. Cherif Ndiaye then added a late penalty.

The DRC beat the already-eliminated Botswana 3-0 at the same time in Rabat, meaning the leading duo both finished with seven points from three games, but Pape Thiaw’s Senegal topped the section by a difference of two goals.

As a result, Senegal have a far kinder path in the knockout phase and will remain in Tangier for a last-16 tie on Saturday against the third-place finisher in Group E.

That will be either Burkina Faso or Sudan, who play each other in Casablanca on Wednesday.

The Leopards, in contrast, must play the 2019 champions Algeria in the last 16 next Tuesday, with the winner of that potentially having to face Nigeria in the quarterfinals.

Benin’s three points, courtesy of a solitary 1-0 win over Botswana, are enough for them to go through as one of the best third-placed teams.

It will be just their second appearance in the AFCON knockout stages, and their reward is a meeting with Mohamed Salah’s Egypt in Agadir on Monday.

Israel-based centre-back Seck headed Senegal into the lead from Krepin Diatta’s free kick on 38 minutes, and their second goal arrived just after the hour, when a superb cutback by Mane was turned in by Diallo.

Skipper Koulibaly was then sent off after a yellow card was upgraded to red following a VAR review, leaving the Lions of Teranga to play out the final 19 minutes plus stoppage time a man down.

Ndiaye’s 97th-minute penalty made it 3-0 and ended any doubt about Senegal’s final position in the group.

Playmaker Gael Kakuta, once of Chelsea and now playing in Turkiye, was in outstanding form for the DRC against Botswana at Al Medina Stadium, as his back heel set up Nathanael Mbuku for the opener.

Kakuta then converted a penalty shortly before half-time and got his second and his team’s third on the hour mark from Theo Bongonda’s assist.

Another goal at that point could have left the DRC and Senegal with identical records and facing a possible drawing of lots to determine their final group positions.

The DRC thought they had it when Fiston Mayele put the ball in the net on 64 minutes.

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World Darts Championship 2025 results: Rob Cross sets up Luke Littler tie as Gary Anderson progresses

Former winner Rob Cross cruised through at the PDC World Championship and set up a last-16 tie against defending champion Luke Littler.

Cross, who won the event in 2018, brushed aside Australian and 16th seed Damon Heta in a comfortable 4-0 win.

The 17th seed was joined in round four by two-time winner Gary Anderson, who edged a final-set thriller against Dutchman Gary Wattimena.

Scot Anderson went 3-1 up in a game played at a ferocious pace, and was impressive in averaging 121 in set three.

He missed three match darts in the fourth set, hitting double eight with his first dart with 32 required, before missing the same target twice.

Wattimena powered back and forced a final set, despite Anderson missing more match darts at tops in set four.

Anderson went eight darts into the nine-darter in the final set, before going high on the double 12, and eventually claimed the set 5-3 to continue his quest to be the tournament’s oldest winner at 55.

He averaged 102.24 – the eighth-highest average in this year’s tournament – and was at 37.5% on the checkouts.

“It’s no good for my age. It’s hard, especially with Jermaine on you. What a game,” Anderson told Sky Sports.

“The last two games, 4-0, 4-0. I hope that’s made up for it. I’m going to lie down now.

“I bottled the nine-darter, like I bottled a lot of doubles. I was getting excited, I don’t often do that up there. But I got it done.”

Sunday’s action began with 20th seed Ryan Searle reaching the fourth round for the first time since 2021 with a 4-0 demolition of Germany’s Martin Schindler.

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Trump says he’s inviting Kazakhstan and Uzbekistan to next year’s G20 summit in Miami

President Trump said he will be extending invitations to next year’s U.S.-hosted Group of 20 summit to Kazakhstan and Uzbekistan as the Republican administration looks to deepen its relationship with the Central Asian nations.

Trump announced the plan on Tuesday after holding separate phone calls with Kazakhstan President Kassym-Jomart Tokayev and Uzbekistan President Shavkat Mirziyoyev.

Neither country is a member of the G20, but the host country of the annual leaders’ gathering of major economies often invites non-members to attend the summit. The 2026 gathering is planned for Trump’s golf club in Doral, Fla., near Miami.

“The relationship with both Countries is spectacular,” Trump said in a social media post about the calls. Trump is currently on vacation at his Mar-a-Lago resort in Florida.

The Kazakh and Uzbek leaders visited Washington last month along with the leaders of Kyrgyzstan, Tajikistan, and Turkmenistan for talks with Trump.

The administration is giving greater attention to Central Asia, which holds deep reserves of minerals and produces roughly half the world’s uranium, as it intensifies the hunt for rare earth metals needed for high-tech devices, including smartphones, electric vehicles and fighter jets.

Central Asia’s critical mineral exports have long tilted toward China and Russia.

During last month’s visit, Tokayev announced that his Muslim-majority country will join the Abraham Accords, the Trump administration effort to strengthen ties between Israel and Arab and Muslim majority countries.

The largely symbolic move came as the administration is trying to revive an initiative that was the signature foreign policy achievement of Trump’s first term, when his administration forged diplomatic and commercial ties between Israel and the United Arab Emirates, Bahrain and Morocco.

Trump last month announced that he is barring South Africa from participating in next year’s summit at his Miami-area club and will stop all payments and subsidies to the country over its treatment of a U.S. government representative at this year’s meeting.

Trump chose not to have an American government delegation attend this year’s summit hosted by South Africa, saying he did so because its white Afrikaners were being violently persecuted. It is a claim that South Africa, which was mired for decades in racial apartheid, has rejected as baseless.

Madhani writes for the Associated Press.

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Bob Chesney brings James Madison coordinators with him to UCLA

Preserving a winning formula, new UCLA football coach Bob Chesney is bringing his top two assistants across the country with him.

Chesney is hiring offensive coordinator Dean Kennedy and defensive coordinator Colin Hitschler — who both served in those same capacities under Chesney at James Madison — in a nod to continuity after the Dukes reached the College Football Playoff for the first time.

The hiring of both coordinators was confirmed by someone with knowledge of the situation who spoke on condition of anonymity because the moves have not been formally announced.

Kennedy has worked with Chesney for four consecutive seasons, joining Chesney’s staff at Holy Cross as quarterbacks coach prior to the 2022 season before earning a promotion to offensive coordinator the following season. Kennedy then accompanied Chesney to James Madison before the 2024 season.

Hitschler’s ties to Chesney go all the way back to the Division III level. In 2011, Hitschler was Chesney’s defensive line coach and co-special teams coordinator at Salve Regina before the duo reconnected at James Madison before the recently completed season.

Both Kennedy and Chesney presided over units that were among the best in the country last season, James Madison ranking No. 11 nationally in points scored (37.1 per game) and No. 15 in points allowed (18.4).

James Madison rolled up 509 yards of offense during a 51-34 loss to Oregon on Saturday, those totals representing the most points and yards the Ducks have allowed this season. Kennedy is known for designing creative offenses that spread the field, breaking out flea-flicker and Statue of Liberty plays to help the Dukes post 70 points against North Carolina in 2024 while tying a record for the most points ever given up by the Tar Heels.

Both coordinators possess something their boss doesn’t — experience coaching at the Power Four level. Kennedy was a graduate assistant at Mississippi State and Florida before earning a promotion to offensive quality control coach and later assistant quarterbacks coach with the Gators.

Hitschler was co-defensive coordinator and safeties coach at Wisconsin in 2023 before taking a job as co-defensive coordinator and defensive backs coach at Alabama in 2024. Hitschler also has NFL experience as a training camp assistant with the Philadelphia Eagles and a player personnel assistant with the Kansas City Chiefs.

Kennedy’s connection with Chesney goes back to a flurry of job-seeking letters that Kennedy sent to college football coaches around the country while he was at Florida. Chesney not only responded but also donated to two charities with ties to Kennedy’s family after doing some research on the persistent assistant. A year later, Chesney hired Kennedy when a vacancy opened on his staff at Holy Cross.

Chesney is also expected to hire several more of his James Madison assistants to fill similar roles at UCLA after bringing in Florida State’s Darrick Yray as general manager.

Yray, who recently completed his fourth season as general manager with the Seminoles, also has strong West Coast connections. Yray rose to director of player personnel at Oregon State after having worked for the Beavers in a variety of roles and also was assistant director of football operations at Fresno State, his alma mater.

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Mick Foley parts ways with WWE because of its ties with Trump

Professional wrestling legend Mick Foley announced Tuesday that he is “parting ways with WWE” because of the organization’s ties with fellow WWE Hall of Fame inductee President Trump.

“While I have been concerned about WWE‘s close relationship with Donald Trump for several months — especially in light of his administration’s ongoing cruel and inhumane treatment of immigrants (and pretty much anyone who “looks like an immigrant”) — reading the President’s incredibly cruel comments in the wake of Rob Reiner’s death is the final straw for me,” Foley, 60, wrote Tuesday on Instagram.

“I no longer wish to represent a company that coddles a man so seemingly void of compassion as he marches our country towards autocracy. Last night, I informed @WWE talent relations that I would not be making any appearances for the company as long as this man remains in office.

“Additionally, I will not be signing a new Legends deal when my current one expires in June.”

WWE did not immediately respond to a request for comment from The Times.

Following the killings of Hollywood icon Reiner and wife Michele Singer Reiner, Trump wrote on social media that the couple died “reportedly due to the anger he caused others through his massive, unyielding, and incurable affliction with a mind crippling disease known as TRUMP DERANGEMENT SYNDROME.”

Trump added of Reiner, who had campaigned for liberal causes: “He was known to have driven people CRAZY by his raging obsession of President Donald J. Trump, with his obvious paranoia reaching new heights as the Trump Administration surpassed all goals and expectations of greatness, and with the Golden Age of America upon us, perhaps like never before. May Rob and Michele rest in peace!”

Nick Reiner, 32, has been arrested on suspicion of murdering his parents. Trump’s comments have drawn bipartisan backlash.

Foley won the WWF (as the company was then known) championship three times in the late 1990s in his Mankind persona. He has also won eight WWF tag team titles and also has wrestled as Cactus Jack, Dude Love and under his own name. He retired from the ring in 2012 but has appeared in various roles for the league since then.

Foley was inducted into the WWE Hall of Fame in 2013. So was Trump, as a celebrity inductee.

A longtime pro wrestling fan, Trump has hosted WWE events and has been an active participant, both in and out of the ring, in a number of storylines. Late last year, Trump named Linda McMahon — the former longtime WWE chief executive and president whose husband, Vince McMahon, is the company’s founder — as secretary of Education for his second term.

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