Chevron to Invest $7 Billion into Venezuelan Output

By Bloomberg Podcasts

Community Score: 50% | 1.5K views | 1mo

0 community ratings: null thumbs up, null thumbs down

Chevron Corp. plans to invest $7 billion over the next five years through its joint venture partnerships to more than double crude production in Venezuela, the largest financial commitment so far in a US government-led push to revive the Latin American country’s oil industry. Chevron CEO Mike Wirth discussed the move with Bloomberg's Tyler Kendall in Venezuela. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels

Tags: Chevron Corp., Consumer Goods; Retail, Crude Oil, Donald Trump, Energy, Gasoline, Mike Wirth, Oil, Politics, Tyler Kendall, Venezuela, oil prices

More from Bloomberg Podcasts

  • Follow the Money All the Way to Carney's Canada — Score: 50%
  • Daybreak Weekend: US CPI, Europe Energy, RBA Decision | Bloomberg Daybreak: Europe Edition — Score: 50%
  • Bloomberg Money: Credit Card Indicators and Golf's Changing Fanbase | Bloomberg Intelligence — Score: 50%
  • We hear you! | Bloomberg Hot Pursuit! — Score: 50%
  • Bloomberg Businessweek Weekend - August 7th, 2026 | Bloomberg Businessweek — Score: 50%
  • Team Favorite: AI-Era Internet, Spaceport Investment, Bolivia’s Investability | Wall Street Week — Score: 50%