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Chevron signs updated Venezuela agreements expanding Orinoco Belt acreage

Chevron Corp. (CVX) said it signed updated agreements with Venezuela to strengthen joint ventures and expand its Orinoco Belt footprint. The new terms include fiscal commercial and legal provisions.

CVX

SAN RAMON (dpa-AFX) - Chevron Corp. (CVX), the second largest US oil company, announced on Wednesday that it has signed updated agreements with Venezuela that strengthen its joint ventures and expand its footprint in the Orinoco BeltThe new terms include fiscal commercial and legal provisions aimed…