business
Chevron will expand Venezuela operations after Trump deal, company confirms
Summary by The Minneapolis Editorial Desk Heather Miller , as published by FOX 9 KMSP (FOX)
· September 2, 2026
· 1 min read
Photo: FOX 9 KMSP (FOX) · view original
Story provenance No corrections
Summary created by The Minneapolis Editorial Desk — automated, rule-governed Byline on source page Heather Miller, as published by FOX 9 KMSP (FOX) Original story Read at the source Source published Sep 2, 2026 Indexed here Sep 2, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The company intends to invest more than $7 billion over the next five years. Current production levels are set to be doubled, with a target of around 600,000 barrels per day.
Chevron has confirmed plans to expand operations in Venezuela. The company intends to invest more than $7 billion over the next five years. This investment is expected to significantly increase production.
Current production levels are set to be doubled, with a target of around 600,000 barrels per day. Chevron has announced its hopes to achieve this goal through its expanded operations.
Further details on Chevron's plans and the expected impact of the expansion are available from the company. The investment and production goals are part of Chevron's strategy for Venezuela, as confirmed by the company.
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FOX 9 KMSP (FOX) reported and published this story. The Minneapolis selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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Category: business Published: September 2, 2026 Source: FOX 9 KMSP (FOX) Reading time: 1 min
Frequently asked about this story
What is this story about? Chevron has confirmed plans to expand operations in Venezuela. The company intends to invest more than $7 billion over the next five years. This investment is expected to significantly increase…
When was this published? This article was first published on September 2, 2026 by FOX 9 KMSP (FOX) and curated for The Minneapolis readers.
Who reported this story? This story was reported by Heather Miller at FOX 9 KMSP (FOX). To learn more about how The Minneapolis selects and reviews stories, see our editorial standards .
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