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Chevron to Spend $7 Billion on Doubling Its Venezuelan Output

Macro·2 articles across 2 outlets

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Chevron Corp. plans to invest $7 billion over the next five years to more than double its oil production in Venezuela.

This investment marks the largest financial commitment so far in a US government-led push to revive the Latin American country’s industry.

ChevronVenezuela

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