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Chevron expands Venezuela presence with $7 billion plan to double oil output in five years
Chevron shares rose 0.51% to $212.13 on Wednesday as the oil major announced plans to invest more than $7 billion in Venezuela. The company aims to double production through its joint ventures to about 600,000 barrels per day over the next five years.
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benzinga.com
Chevron Stock Sits Near Record High as it Plans Massive Venezuela Investment - Chevron (NYSE:CVX)
Chevron stock has climbed steadily over the past few months and is now hovering near its all-time high. What next for the shares?
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What's Going On With Chevron Shares On Monday? - Chevron (NYSE:CVX)
Chevron could expand its Venezuela operations under a 25-year agreement targeting crude production of 1.5 million barrels per day.
