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Chevron Expands Venezuelan Operations Amid US Oil Production Push

Guavy AI Editorial Team
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CVX
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Chevron is set to announce an expansion of its operations in Venezuela, according to a US official.

The corporation's officials and Energy Secretary Chris Wright are scheduled to visit Venezuela on Wednesday to unveil new investments.

The announcement follows Washington's confirmation of a partnership with North American Blue Energy Partners as part of President Donald Trump's initiative to utilize Venezuela's oil production.

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