Chevron To Maintain Cap On Venezuela Spending Despite Trump's Investment Push: Report - Chevron (NYSE:CVX), Exxon Mobil (NYSE:XOM)
Despite President Donald Trump‘s call for increased investment in Venezuela, Chevron Corporation (NYSE:CVX) has decided to maintain its current level of capital spending in the country, the U.S. oil major’s finance chief told the Financial Times on Friday. Chevron Continues To Engage With The AdministrationEimear Bonner said the company will not be increasing its capital spending in Venezuela this year. Bonner added that the company is currently producing 250,000 barrels a day and saw the potential to grow ...