Chevron announces deal to expand its oil production in Venezuela

Politics The Hill By Rachel Frazin 02 Sep 2026 11:58 1 min read
Chevron announces deal to expand its oil production in Venezuela

Chevron announced early Wednesday that it has reached an agreement to expand its oil production in Venezuela. The company said the deal would more than double its current oil production in Venezuela, bringing it up to 600,000 barrels per day. It added that the effort will be done through a joint venture, in which the...

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