EconomyChevron to Invest $7 Billion to Boost Venezuelan Output

Name: Chevron to Invest $7 Billion to Boost Venezuelan Output
Uploaded: 2026-09-02T12:13:22.000Z
Description: Chevron plans to invest $7 billion over the next five years to more than double its oil production in Venezuela. It is the company’s largest financial commitment so far to a US government-led effort to revive the Latin American country’s industry.

Chevron plans to invest $7 billion over the next five years to more than double its oil production in Venezuela. It is the company’s largest financial commitment so far to a US government-led effort to revive the Latin American country’s industry.

Bloomberg Television 2026-09-02 12:13