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Chevron Nears Deal to Expand Oil Operations in Venezuela
Chevron is close to finalizing an agreement to develop two major oil fields in Venezuela’s Orinoco Belt. The expansion would significantly increase the energy company’s production capacity in the region.
1 Sept, 15:05 — 1 Sept, 23:40
The Story
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Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
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seeking-alpha
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Geographic diversity— 1 region4/34
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seeking-alphaMixed1d ago
Chevron nears deal to add two large oil fields in Venezuela's Orinoco Belt - Bloomberg
Read full article →zerohedgeLow17h ago
Chevron Nears Deal To Expand Venezuela Oil Operations
Chevron Nears Deal To Expand Venezuela Oil Operations Venezuela could soon become a much bigger part of Chevron’s global oil business, according to Bloomberg. The company is reportedly nearing an agreement to take control of operations at two large crude-producing areas in the country’s Carabobo region, adding access to substantial heavy-oil resources. The potential expansion comes as Washington seeks to attract more American capital to Venezuela’s energy sector and boost the co...
By Tyler Durden
Read full article →Coverage Timeline
First report: seeking-alpha · 1 Sept, 15:05|Full coverage: 2 · 9h|Window: 9h
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