Chevron Corporation (CVX) Expands Stakes in Venezuela Oil Operations

Chevron Corporation (NYSE:CVX) is one of the top S&P 500 stocks by index weight. On April 14, Chevron Corporation (NYSE:CVX) reached an asset swap agreement with Petroleos de Venezuela, S.A. and its subsidiaries. The agreement expands the US energy giant’s stake in Venezuelan heavy oil operations. The agreement is poised to expand Chevron’s heavy oil […]