Bloomberg

Chevron boosts Venezuela oil output while U.S. is eyeing new sanctions

The debate comes as Chevron has helped restore production at the Petropiar upgrader it runs as a joint project with PDVSA, according to people familiar with the operation. Foto: AP/Rainer Pena

Chevron Corp. has ramped up output at a key Venezuela oil project to levels not seen in almost a year, offering a thorny reminder of how U.S. sanctions are failing to deliver a knockout of Nicolas Maduro's regime...

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