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Markets

Chevron CFO Eimear Bonner Says Co. Will Double The Number Of Rigs In Venezuela As Part Of Five-Year Plan To Grow Production

Sep 8, 2026 · 12:49 PM ET· updated 1h ago

https://event.webcasts.com/starthere.jsp?ei=1774229&tp_key=fc80721b11&tp_special=8

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Why It Matters

Chevron plans to use twice as many drilling rigs in Venezuela over the next five years to pump more oil. When a big company makes a big plan like this, it shows they believe they can make more money there—which is worth watching to see if it actually works out.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.