Oil giant Chevron is expected to announce it will expand operations in Venezuela, US official says
WASHINGTON (AP) — Oil giant Chevron is expected to soon announce it will expand operations in Venezuela, a U.S. official said Tuesday. The official, who briefed reporters on the expected announcement, said that the company’s officials and Energy Secretary Chris…
Oil giant Chevron is anticipated to soon reveal plans to expand its operations in Venezuela, according to a U.S. official. The official, speaking on condition of anonymity due to White House guidelines, revealed that Chevron's leaders and Energy Secretary Chris Wright are set to visit Venezuela on Wednesday for the formal announcement of the new investment.
This announcement follows the White House's confirmation on Monday of a partnership with North American Blue Energy Partners, as part of President Donald Trump's initiative to capitalize on Venezuela's oil industry.
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