Lates News

Chevron: Consolidates its position in the heavy oil business in Venezuela through asset exchange. Chevron will additionally obtain a 13.21% operating interest in the joint venture Petroindependencia, S.A. Has reached a mutually beneficial asset exchange agreement with the Venezuelan national oil company and its subsidiaries. The joint venture company Petropiar, S.A. has acquired relevant interests in Block 8 adjacent to the Orinoco Oil Belt in Venezuela Ayacucho.