Business

Chevron Expands in Venezuela Amid Controversy

Updated 2026-09-02 11:25 UTC 1 source Negative

Chevron plans to expand its operations in Venezuela despite legal challenges. The company's move follows the Trump administration’s Pentagon-backed plan to develop the country’s oil reserves, raising questions about legality and morality.

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MarketWatch

Chevron outlines $7 billion plan to expand in Venezuela

Chevron says it will expand its operations in Venezuela, following the Trump administration’s move for a Pentagon-backed plan to develop the country’s oil reserves.

2026-09-02 11:07 UTC