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Chevron Set for Major Expansion in Venezuela Amid Trump's Oil Push

Guavy AI Editorial Team
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CVX
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Oil giant Chevron is set to announce plans to expand its operations in Venezuela, according to a US official.

The company's officials and Energy Secretary Chris Wright are expected to visit Venezuela on Wednesday to unveil the new investment, which has been months in the making.

This development comes after the White House confirmed it is partnering with North American Blue Energy Partners as part of President Donald Trump's push to tap into Venezuela's oil industry.

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