Chevron CEO Mike Wirth cites legal protections for $7B-plus Venezuela investment
Chevron CEO Mike Wirth said better economics and stronger legal protections were key factors behind the company’s decision to invest billions of dollars to expand operations in Venezuela.
Chevron (CVX) CEO Mike Wirth on Wednesday cited better economics and stronger legal protections as two key factors behind the decision to invest billions of dollars to expand its operations in Venezuela.“As important as the commercial and fiscal terms were the legal terms, and the protections for i…