Chevron to expand Venezuela oil operations with US$7 billion plan
Culture Index
Score Breakdown
Relevance
9/25
Freshness
25/25
Authority
18/20
Brand Signal
12/15
Depth
6/15
5-Axis Cultural Radar
Oil giant Chevron confirmed that it would expand operations in Venezuela after US President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits. Chevron, the only US oil company with a major presence in Venezuela, said on Wednesday that it had been assigned additional acreage in the Orinoco Belt, where it has active operations.
