Venezuela News » Carabobo News Venezuela » Carabobo » Economy: Chevron stayed in Venezuela for 20 years while rivals left. Here's why its CEO says patience pays off.
Chevron's patience is paying big dividends.
News Venezuela » Carabobo » Economy: Chevron’s $7-billion Venezuela gamble aims to double oil output
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: Chevron’s $7 billion Venezuela expansion lands as Trump pushes separate 65 billion barrel oil deal
Chevron’s new five year investment plan could more than double its Venezuelan production to about 600,000 barrels a day. But the company’s expansion is separate from the Trump administration’s 100 ...
News Venezuela » Carabobo » Economy: US oil giant Chevron to expand Venezuela operations
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: IMF warns Venezuela’s economy and humanitarian situation is ‘quite fragile’
Add Yahoo as a preferred source to see more of our stories on Google. Pumpjacks sit damaged in an oilfield run by the Venezuelan state company PDVSA on Lake Maracaibo on January 27 [Leonardo Fernandez ...
News Venezuela » Carabobo » Economy: Chevron expands Venezuela presence with $7 billion plan to double oil output in five years
Chevron shares rose 0.51% to $212.13 on Wednesday as the oil major announced plans to invest more than $7 billion in Venezuela. The company aims to double production through its joint ventures to ...
News Venezuela » Carabobo » Economy: $6.7 billion direct damage and rising: How badly is Venezuela’s economy hit?
For years, Venezuela has been battling one crisis after another. The country suffered from hyperinflation, frequent power cuts, a mass migration of its people, political unrest, international ...