Chevron Puts $7 Billion on Venezuela; Exxon Says Not So Fast
Chevron is spending $7 billion to double Venezuelan output to 600,000 barrels daily by 2031, while ExxonMobil CEO Darren Woods urges caution pending fiscal and legal reforms.
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Chevron is spending $7 billion to double Venezuelan output to 600,000 barrels daily by 2031, while ExxonMobil CEO Darren Woods urges caution pending fiscal and legal reforms.
Treasury has extended Citgo's sale protection six times, freezing Elliott's $9 billion court-ordered purchase as Venezuela fights…