Venezuela News » Carabobo News Venezuela » Carabobo: Chevron plans $7 billion Venezuela investment to double oil production
News channel or source: https://www.msn.com/en-us/news/other/chevron-plans-7-billion-venezuela-investment-to-double-oil-production/ar-AA2bq7Ez
Published on: Wednesday 02 September 2026
Chevron, the only U.S. oil company operating in Venezuela, said it has received additional land in the Orinoco Belt region and plans to double its oil production.
News Venezuela » Carabobo: Chevron expands Venezuela presence with $7 billion plan to double output in five years
News channel or source: https://www.ajot.com/news/chevron-expands-venezuela-presence-with-7-billion-plan-to-double-output-in-five-years
Published on: Wednesday 02 September 2026
Chevron will invest more than $7 billion through its Venezuela joint ventures to double oil production to about 600,000 barrels per day over the next five years in the South American country, the U.S.
News Venezuela » Carabobo: Chevron Expands Venezuela Oil Portfolio With Carabobo Acreage
News channel or source: https://finance.yahoo.com/energy/articles/chevron-expands-venezuela-oil-portfolio-104148836.html
Published on: Tuesday 01 September 2026
Chevron (CVX) reached agreements with Venezuela on updated joint venture terms, including enhanced fiscal, commercial and legal provisions to support investment, development and production growth, the ...
News Venezuela » Carabobo: Chevron Bets $7 Billion on Venezuela Oil Expansion
News channel or source: https://www.msn.com/en-us/news/other/chevron-bets-7-billion-on-venezuela-oil-expansion/ar-AA2brozf
Published on: Wednesday 02 September 2026
Chevron plans to invest more than $7 billion in Venezuela over five years, aiming to more than double its oil output to about 600,000 bpd.