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Chevron (NYSE:CVX) said Wednesday it had agreed updated terms for its joint ventures in Venezuela and plans to invest more than $7 billion in the country over the next five years. The company said the investment is intended to support an increase in production to approximately 600,000 barrels per day.
Investing.com -- Chevron said Wednesday it has reached updated terms with Venezuela for its joint ventures in the country and will invest more than $7 billion over the next five years, aiming to lift production to about 600,000 barrels per day.
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