CVX · News · 20260909N

Venezuela Investment Conditions

CHEVRON CORP · 2026-09-09 · Importance 52 · Surprise 42

Third-party reporting states that Chevron is targeting Venezuelan production of 600,000 barrels per day by 2031. The reported timeline represents a planned expansion of Chevron’s Venezuela operations over the next five years. The report characterizes the target timeline as subject to material execution risk, although the available digest does not specify the underlying regulatory, political, or investment constraints.

Key facts