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Chevron Expands Venezuela Operations

Big Oil Returns to Venezuela: What's Behind Chevron's $7 Billion Bet?

The news that Chevron plans to more than double its oil production in Venezuela through a $7 billion investment has sent shockwaves throughout the energy industry.

This move appears to be a straightforward business decision by one of the world's largest oil majors, but it's clear that this deal is about much more than just profits.

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