Chevron to reach agreement to operate two major oil fields in Venezuela's Orinoco Belt
2026-09-01 22:24:58
According to CoinMeta, Chevron ( CVX.N ) is finalizing an agreement to significantly expand its operations in Venezuela by adding two giant oil fields in the Orinoco region of the country. These oil fields contain billions of barrels of heavy oil and are located adjacent to a large oil field that Chevron currently operates through a joint venture with Venezuela's state-owned petroleum company. The agreement reached by Chevron is expected to be the largest among several that will be announced in the coming days. U.S. President Donald Trump is promoting more American capital investment in Venezuela's oil industry.
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Source:Jin10 Data
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