Chevron CEO says the company’s patience will pay off in a giant oil deal in Venezuela. The plan involves investing US$7 billion over the next five years through its joint venture partnerships in the country.
WHO:Chevron CEO
WHAT:Says patience will pay off in a giant Venezuela oil deal and backs a plan to invest US$7 billion over five years via joint venture partnerships.
WHEN:Reported Sep 2, 2026 at 9:15 PM ET
WHERE:Venezuela
WHY:Cause not yet established.
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