Oil giant Chevron to invest $7 billion in Venezuelan projects after Trump deal

Oil giant Chevron has pledged to double its Venezuelan oil production with a $7 billion investment after the U.S. reached a deal with Caracas. CBS News' Lilia Luciano has more.

Oil giant Chevron to invest $7 billion in Venezuelan projects after Trump deal

TL;DR

  • Chevron pledges $7 billion investment in Venezuela.
  • The investment aims to double Venezuelan oil production.
  • This move follows a deal between the U.S. and Caracas.
  • Lilia Luciano of CBS News reported on the story.