U.S. oil giant Chevron confirms it will expand operations in Venezuela
Oil giant Chevron is confirming that it will expand its operations in Venezuela, just days after President Trump announced an ambitious deal to develop the nation's oil reserves and give the Pentagon a stake in the profits.
TL;DR
- Chevron confirms expansion of operations in Venezuela.
- Expansion follows President Trump's announcement of a deal concerning Venezuelan oil reserves.
- The deal involves developing the nation's oil reserves.
- The Pentagon is set to receive a stake in the profits from these operations.