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feeds.bloomberg.com · Sep 2, 2026

Chevron to Invest $7 Billion to Boost Venezuelan Output

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 financial commitment so far in a US government-led push to revive the Latin American country’s industry.

Tyler Kendall reports on Bloomberg Television.

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