Venezuela News » Carabobo News Venezuela » Carabobo » Economy: Chevron’s $7-billion Venezuela gamble aims to double oil output
News channel or source: https://www.latimes.com/business/story/2026-09-02/chevrons-7-billion-venezuela-gamble-aims-to-double-oil-output
Published on: Wednesday 02 September 2026
Chevron Corp. plans to invest $7 billion over the next five years through its joint venture partnerships to more than double crude production in Venezuela, the largest financial commitment so far in a ...
News Venezuela » Carabobo » Economy: US oil giant Chevron to expand Venezuela operations
News channel or source: https://www.aljazeera.com/economy/2026/9/2/us-oil-giant-chevron-to-expand-venezuela-operations
Published on: Wednesday 02 September 2026
Chevron, the only US oil firm with major presence in Venezuela, said it has got extra acreage and will double output.
News Venezuela » Carabobo » Economy: ONGC Videsh eyes Venezuela oil assets after US green light
News channel or source: https://www.msn.com/en-in/money/economy/ongc-videsh-eyes-venezuela-oil-assets-after-us-green-light/ar-AA2boLC7
Published on: Tuesday 01 September 2026
An Indian investment team is reviewing Venezuelan oil assets after receiving US government approval. This visit marks the first such trip in several years for the company. The team plans to see oil ...
News Venezuela » Carabobo » Economy: Chevron expands in Venezuela with $7 billion investment as US pushes for greater access to oil reserves
News channel or source: https://www.msn.com/en-in/money/economy/chevron-expands-in-venezuela-with-7-billion-investment-as-us-pushes-for-greater-access-to-oil-reserves/ar-AA2bqNs2
Published on: Wednesday 02 September 2026
The agreement marks a significant expansion of Chevron’s presence in Venezuela as US companies seek greater access to the country’s vast oil reserves.