Chevron to boost Venezuela operations after Trump announces 'historic' venture for oil

Oil giant Chevron said Wednesday it will greatly expand its operations in Venezuela, days after President Trump announced plans for joint U.S. control of 65 million barrels of oil in the South American country.

Chevron to boost Venezuela operations after Trump announces 'historic' venture for oil

TL;DR

  • Chevron will significantly expand its operations in Venezuela.
  • This expansion comes days after President Trump announced plans for joint U.S. control of 65 million barrels of oil in Venezuela.