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Chevron expected to expand oil operations in Venezuela, U.S. official says

Oil giant Chevron confirmed that it will expand operations in Venezuela after President Donald Trump announced an ambitious deal to develop the nation's oil reserves and give the Pentagon a stake in the profits.

13 reportsfrom12 outlets

Reports

13 reports from 12 outlets. Factuality labels describe publication-level source metadata when available; unrated reports stay visible.

PBS NewsHourpbs.org / 2 reports / National / Public Media
Center
High factuality
U.S. oil giant Chevron confirms it will expand operations in Venezuela

Oil giant Chevron confirmed that it will expand operations in Venezuela after President Donald Trump announced an ambitious deal to develop the nation's oil reserves and give the Pentagon a stake in the profits.

Open
AP Newsapnews.com / 1 report / National / Nonprofit Cooperative
Center
High factuality
US oil giant Chevron confirms it will expand operations in Venezuela
Reutersreuters.com / 1 report / National / Corporate
Center
High factuality
Chevron, Eni commit to expand oil projects in Venezuela under US eye
NPRnpr.org / 1 report / National / Nonprofit
Left
High factuality
Chevron to expand in Venezuela, days after the U.S. and Venezuela strike oil deal

Chevron is the largest foreign oil operator in Venezuela. The deal will expand its footprint at a time of political and economic uncertainty for Venezuela.

CBS Newscbsnews.com / 1 report / National / Corporate
Center
High factuality
Chevron plans $7 billion Venezuela investment to double oil production

Chevron, the only U.S. oil company operating in Venezuela, said it has received additional land in the Orinoco Belt region and plans to double its oil production.

Bloombergbloomberg.com / 1 report / National / Private
Center
High factuality
Chevron to Invest $7 Billion to Boost Venezuelan Output

Chevron plans to more than double its oil production in Venezuela, investing $7 billion over the next five years. The company is making largest financial commitment so far in a US government-led push to revive the Latin American country’s industry. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)

The Hillthehill.com / 1 report / National / Corporate
Center
Mostly factual
Chevron announces deal to expand its oil production in Venezuela

Chevron announced early Wednesday that it has reached an agreement to expand its oil production in Venezuela. Chevron said that it has been assigned additional acreage in the Orinoco Belt, where it has an established position. Joint venture plans include investing more than $7 billion over the next five years and increasing production to approximately…

CNBCcnbc.com / 1 report / National / Corporate
Center
Mostly factual
Chevron will expand Venezuela operations, more than doubling production through $7 billion investment
LAistlaist.com / 1 report / City / Public Media
Center
High factuality
Chevron to expand in Venezuela, days after the US and Venezuela strike oil deal

Chevron is the largest foreign oil operator in Venezuela. The deal will expand its footprint at a time of political and economic uncertainty for Venezuela.

Oregon Public Broadcasting - OPBopb.org / 1 report / State / Public Media
Center
High factuality
Chevron to expand in Venezuela, days after the U.S. and Venezuela strike oil deal
New York Postnypost.com / 1 report / National / Corporate
Right
Mixed factuality
Oil giant Chevron confirms it will expand operations in Venezuela after Trump announces deal

Chevron, the only US oil company with a major presence in Venezuela, said Wednesday that it has been assigned additional acreage in the Orinoco Belt, where it has active operations.

Washington Examinerwashingtonexaminer.com / 1 report / National / Private
Right
Mixed factuality
Chevron to expand oil footprint in Venezuela with $7 billion investment

CARACAS, Venezuela — Chevron said on Wednesday its presence in Venezuela will be expanded after President Donald Trump announced a deal to develop the South American country’s oil reserves. The newly announced agreements between Chevron, the second-largest U.S. oil company, and Venezuela include joint venture plans to invest more than $7 billion over the next […]