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zero6h ago

Chevron’s Venezuela Oil Sales to Self-Fund Expansion, CEO Says - Bloomberg.com

Chevron is expanding oil sales in Venezuela, signaling the company's confidence in operating there long-term. This suggests Venezuela's government remains stable enough for major foreign investment, which would make state absorption less likely. However, the headline does not establish whether any formal annexation process has begun or is imminent.

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Chevron is expanding oil sales in Venezuela, signaling the company's confidence in operating there long-term. This suggests Venezuela's government remains stable enough for major foreign investment, which would make state absorption less likely. However, the headline does not establish whether any formal annexation process has begun or is imminent.

Bloomberg

Will Venezuela become 51st state?

Yes42.6x2%No1.0x98%
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