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EconomyUS oil giant Chevron to expand Venezuela operations

Chevron says it has received additional acreage in Venezuela’s Orinoco Belt and will invest more than $7bn through joint ventures to double production to about 600,000 barrels per day within five years. The expansion includes two adjacent areas in the Carabobo region.

ChevronVenezuelaoil productionOrinoco Belt

AAl Jazeera★★★☆☆2026-09-02 16:57Original

US oil giant Chevron to expand Venezuela operations
US oil giant Chevron to expand Venezuela operationsEconomy