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MarketWatch

Chevron outlines $7 billion plan to expand in Venezuela

Wednesday, September 2, 2026


Chevron announced a plan to expand operations in Venezuela following a Trump administration decision to support development of the country's oil reserves. The expansion involves an investment of 7 billion dollars. No additional details about the timeline or specific operational scope were provided in the announcement.

Original reporting: https://www.marketwatch.com/story/chevron-outlines-7-billion-plan-to-expand-in-venezuela-3cc5ef7c?mod=mw_rss_topstories

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