# Chevron Doubles Down in Venezuela | Business and Finance News

Page: https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/chevron-doubles-down-in-venezuela-business-and-finance-news
Text version: https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192/chevron-doubles-down-in-venezuela-business-and-finance-news.md
Podcast: [Business News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/business-finance-news-today-2-min-news-the-daily-news-now-7726192)
Published: 2026-09-02T19:25:44+00:00
Episode link: https://sources.thednn.ai/9798f661dafc164b
Audio file: https://api.fastcast.ai/audio/921bb64c-efb5-49c3-a401-80f68aa046a0.mp3
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Duration seconds: 74

## Resource

Chevron’s pouring $7 billion into Venezuela to more than double its oil output—ramping up from 280,000 to 600,000 barrels a day—thanks to new oilfields in the Orinoco Belt and expanded deals with PDVSA. With Mike Wirth calling it a path to low-cost, steady production and long-term value, this bold move signals Chevron’s deep commitment to reshaping its presence in the volatile South American market. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/9798f661dafc164b

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## Transcript

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