Chevron Consolidates Venezuela Heavy Oil Position in Asset Swap
April 13, 2026
April 13, 2026
HOUSTON, Texas, April 13 -- Chevron, an energy company, issued the following news release:
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Chevron consolidates Venezuela heavy oil position in asset swap
Chevron Corporation (NYSE:CVX) announced today it has, through its subsidiaries with interests in Venezuela, agreed to an asset swap with Petroleos de Venezuela, S. A. ("PDVSA") and subsidiaries of PDVSA in a mutually beneficial agreement which will consolidate all parties' focus on s . . .
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Chevron consolidates Venezuela heavy oil position in asset swap
Chevron Corporation (NYSE:CVX) announced today it has, through its subsidiaries with interests in Venezuela, agreed to an asset swap with Petroleos de Venezuela, S. A. ("PDVSA") and subsidiaries of PDVSA in a mutually beneficial agreement which will consolidate all parties' focus on s . . .