Chevron to Invest $7 Billion to Boost Venezuelan Output

Chevron plans to more than double its oil production in Venezuela, investing $7 billion over the next five years. The company is making largest financ...

By Dhallo News · September 2, 2026 at 5:03 PM IST

Chevron plans to more than double its oil production in Venezuela, investing $7 billion over the next five years. The company is making largest financial commitment so far in a US government-led push to revive the Latin American country’s industry. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)

SOURCE: Bloomberg Markets

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Chevron to Invest $7 Billion to Boost Venezuelan Output

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