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Chevron’s $7B Bet on Venezuela’s Oil | Honduras News

Chevron’s $7 billion gamble in Venezuela aims to double oil output over five years by unlocking vast Orinoco Belt reserves—potentially lowering U.S. gas prices and replenishing the Strategic Petroleum Reserve. But experts caution: decades of neglect mean massive investment and years of work are needed to revive infrastructure, making quick wins unlikely. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report issues to feedback@thednn.ai. View…

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