Home World UPDATE 5-Chevron expands Venezuela presence with $7 billion plan to double output in five years

UPDATE 5-Chevron expands Venezuela presence with $7 billion plan to double output in five years

UPDATE 5-Chevron expands Venezuela presence with $7 billion plan to double output in five years

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Published: September 2, 2026 19:15:04 IST

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* Chevron to double crude output to about 600,000 bpd * Venezuela aims to rebuild its oil industry hit by underinvestment, sanctions * Trump has urged U.S. oil companies to invest in Venezuela (

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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