Venezuela signs new agreements with Chevron

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Delcy Rodriguez

Acting President Delcy Rodríguez has signed new agreements with Chevron aimed at boosting oil production in Venezuela.

Speaking in Caracas, Rodríguez praised Chevron for maintaining operations during challenging periods and reaffirmed the government’s commitment to expanding the energy sector.

The agreements are expected to increase output in the Orinoco oil belt and attract further foreign investment, especially as sanctions ease.

Rodríguez also emphasized that lifting restrictions will provide greater confidence and security for investors entering the Venezuelan market.

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