# Chevron expands Venezuela presence with $7B US plan

https://mins.news/en/item/42428

- CBC News, 2026-09-02 17:13 UTC
- Economy
- Original: https://www.cbc.ca/news/world/chevron-venezuela-double-oil-output-trump-9.7329646?cmp=rss

> Chevron says it will invest more than US$7 billion through its Venezuelan joint ventures over the next five years, aiming to double the country’s oil output to about 600,000 barrels per day.

## Stories

- [US Venezuela Oil and Diplomatic Relations](https://mins.news/en/topic/us-venezuela-oil-relations) — Markdown: https://mins.news/en/topic/us-venezuela-oil-relations.md

## Related coverage

- [US oil giant Chevron to expand Venezuela operations](https://mins.news/en/item/42412) — Al Jazeera, 2026-09-02
- [Chevron to Invest $7 Billion to Boost Venezuelan Output](https://mins.news/en/video/41990) — Bloomberg Television, 2026-09-02
- [Chevron pledges $7bn investment to double Venezuela output](https://mins.news/en/item/41937) — Financial Times, 2026-09-02
