Chevron doubles drilling in Venezuela with 600,000 barrels per day target

Chevron plans to double its drilling rigs in Venezuela within five years.

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The fact

The recent deal with Caracas targets a production of 600,000 barrels per day.

CFO Eimear Bonner confirms the expansion under new contractual terms.

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Auto-synthesis from 1 media source · identified on September 8, 2026