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Chevron to Invest $7 Billion to Boost Venezuelan Output

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Chevron plans to more than double its oil production in Venezuela, investing $7 billion over the next five years. The company is making largest financial commitment so far in a US government-led push to revive the Latin American country’s industry. Tyler Kendall reports on Bloomberg Television.

Chevron plans to more than double its oil production in Venezuela, investing $7 billion over the next five years. The company is making largest financial commitment so far in a US government-led push to revive the Latin American country’s industry. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)
Chevron (ORG) Venezuela (LOCATION) US (LOCATION) Latin American (ORG) Tyler Kendall (PERSON) Bloomberg Television (ORG) Bloomberg (PERSON)
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