Chevron to spend $7B over five years in Venezuela oil fields
Chevron has inked a deal to spend $7 billion in Venezuelan oil fields over the next five years, adding two undeveloped heavy oil fields to its JV with state-run Petróleos de Venezuela.
By Collin EatonChevron has inked a deal to spend $7 billion in Venezuelan oil fields over the next five years.It adds two new undeveloped heavy oil fields to the company's JV with state-run Petróleos de Venezuela.The expansion plan-a win for the Trump administration, which has prompted oil companie…