News
15 April 2026

Chevron-PDVSA Venezuela in oil asset swap

In:
Oil & gas
Region:
Americas

Chevron has agreed an asset swap with Petroleos de Venezuela (PDVSA) and its subsidiaries. Under the agreement, Chevron will receive an additional 13.21% working interest in the Petroindependencia joint venture, taking its total stake to 49%. Separately, Petropiar, in which a Chevron subsidiary...

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