Operator
Chevron
IocUSNon-state
International oil company with operating exposure in Venezuela joint ventures.
Last updated
Mar 16, 2026
Confidence
High
Sources
4
Type
Ioc
Operated projects
2
Participations
1
Regulatory items
0
Weekly signals
1
Overview
Operator summary
International oil company with operating exposure in Venezuela joint ventures.
Projects
Operated projects
| Project | Basin | Production | Status |
|---|---|---|---|
| PetroBoscán | Maracaibo Basin | 101 kb/d | Active |
| PetroPiar | Orinoco Belt | 112 kb/d | Active |
Participation
Project participations
| Project | Role | Equity | Effective from |
|---|---|---|---|
| PetroPiar | Operator | 30% | Jan 1, 2024 |
Regulation
Regulatory exposure
| Instrument | Type | Target | Date |
|---|---|---|---|
| No regulatory exposure yet. | |||
Weekly signals
Recent linked signals
InvestmentApr 18, 2026
Chevron asset swap with PDVSA
Chevron agreed an asset swap with PDVSA to increase its stake in Petroindependencia to 49% and consolidate its position in Venezuela’s heavy oil projects, while exiting selected gas assets.
Sources
Source documents
Supporting Source—
Chevron · Press Release
Chevron. Chevron filing. undated. https://www.chevron.com/newsroom/2026/q2/chevron-consolidates-venezuela-heavy-oil-position-in-asset-swap?utm_source=twitter&utm_medium=social&utm_campaign=&utm_content=54833209
Facts
Operator facts
- Type
- Ioc
- Country
- US
- Jurisdiction
- —
- State-owned
- No
- Website
- https://www.chevron.com
Context rail
Linked overview
Operated projects
PetroBoscán
PetroPiar
Participations
PetroPiar
Current posture
Snapshot
- Regulatory items
- 0
- Latest signal
- Chevron asset swap with PDVSA
- Last data update
- Mar 16, 2026