Ex-Chevron Chief Launches $2 Billion Push to Revive Venezuela's Oil Fields

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A former Chevron executive is launching a $2 billion investment push to revive Venezuela's oil fields, partnering with institutional investors to capitalize on opportunities in the country.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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The former chief of Latin American operations at U.S. supermajor Chevron is in discussions with investors to raise $2 billion to invest in opportunities in Venezuela, the executive, Ali Moshiri, told the Financial Times in an interview published on Monday. Moshiri is a former head of Latin American operations at Chevron. Now his company, Amos Global Energy Management, is in talks with institutional investors to raise money for several investment opportunities the firm has identified in Venezuela. The capture of Nicolas Maduro…

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Original article published by OilPrice.com on January 5, 2026.
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