Chevron Plans $7 Billion Venezuela Expansion to Double Oil Production
Chevron Plans $7 Billion Venezuela Expansion to Double Oil Production/ TezzBuzz/ WASHINGTON/ J. Mansour/ Chevron will invest more than $7 billion in Venezuela over five years after receiving additional acreage in the Orinoco Oil Belt. The company aims to more than double its 2026 production to approximately 600,000 barrels per day. Analysts warn that degraded … Read more