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Business

Chevron plans $7 billion Venezuela investment to double oil production

CBS MoneyWatch · September 2, 2026 at 8:16 AM

Chevron, the only U.S. oil company operating in Venezuela, said it has received additional land in the Orinoco Belt region and plans to double its oil production.

Read the full article on CBS MoneyWatch ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cbsnews.com — the content belongs to CBS MoneyWatch.

This story in other outlets

Chevron makes its own deal to double Venezuelan production

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