Cybersecurity

Venezuela, Chevron strike deals to expand oil operations in key region

Ali Nemati17 hours ago26 sec read2 views0 listens

Chevron and the Venezuelan government have signed agreements to increase oil production in the Orinoco Oil Belt, a move aimed at boosting private investment. This expansion comes as Venezuela eases state control over its petroleum sector and the U.S. lifts sanctions on the country's oil industry, potentially opening new opportunities for international companies despite lingering skepticism about infrastructure needs.

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