Welligence Venezuela Corporate | Chevron makes Venezuela a core part of its portfolio
September 14, 2026

Chevron’s 2026 transactions represent a broad restructuring of its Venezuelan business. The company has raised its Petroindependencia stake to 49%, added Ayacucho 8 around Petropiar, exited Loran and other peripheral assets, and added Carabobo-1/Carabobo-2-South-A around Petroindependencia.