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Venezuela, Chevron strike deals to expand oil operations in key region

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Chevron Venezuela Mariano Vela signed the deals next to Venezuela's interim President Delcy Rodriguez during a ceremony at the Miraflores Palace in Caracas

Chevron Venezuela Mariano Vela signed the deals next to Venezuela's interim President Delcy Rodriguez during a ceremony at the Miraflores Palace in Caracas

US oil giant Chevron and the government of Venezuela signed two deals Monday that will expand oil production in the country, as the country seeks to boost private investment in the sector.

A signing ceremony took place at Miraflores Palace, where interim president Delcy Rodriguez was joined by Chevron Venezuela president Mariano Vela and a number of US dignitaries, including Charge D'affaires Laura Farnsworth Dogu and Assistant Secretary of Energy Kyle Haustveit.

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