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Chevron Targets 600,000 BPD in Venezuela With $7B Low-Cost Growth Plan
Source: marketbeat.com
Energy Markets & PricesGeopolitics & WarCompany FundamentalsCorporate Guidance & Outlook

Chevron sees Venezuela as a potentially significant source of low-cost production growth after negotiating revised commercial and legal terms. CFO Eimear Bonner said the country’s resource base is now competitive within Chevron’s global portfolio, potentially improving the company’s long-term upstream growth and cost profile.
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