# Chevron to Invest $7 Billion to Boost Venezuelan Output

https://mins.news/en/video/41990

- Bloomberg Television, 2026-09-02 12:13 UTC
- Economy
- Original: https://www.youtube.com/watch?v=t8HohIus1HE

> 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.

## 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

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- [Chevron CEO Wirth on Investing $7 Billion in Venezuela](https://mins.news/en/video/42207) — Bloomberg Television, 2026-09-02
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- [US oil giant Chevron confirms it will expand operations in Venezuela](https://mins.news/en/item/41823) — The Associated Press, 2026-09-02
- [Chevron set to expand in Venezuela as US energy secretary lands in Caracas](https://mins.news/en/item/41623) — euronews, 2026-09-02
