ANALYSIS: Chevron’s Venezuela pivot; doubling down on heavy oil, deferring gas

HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 29.Apr.2026, Words: 2,300) — Chevron Corporation’s latest asset swap in Venezuela — exiting gas exposure in favor of heavier oil-weighted positions — is more than an internal portfolio reshuffle. From my vantage point, after years covering Venezuela and wider Latin American … Continue reading ANALYSIS: Chevron’s Venezuela pivot; doubling down on heavy oil, deferring gas