🤝 Venezuela signs major energy investment agreements with US oil company Chevron and Italian energy major Eni during a visit to Caracas by US Energy Secretary Chris Wright

🛢Chevron will invest more than $7 billion over the next five years across its Venezuelan joint ventures with state oil company Petroleos de Venezuela (PDVSA), aiming to raise output to approximately 600,000 barrels per day

🛢 Eni also finalized a 25-year strategic contract under which it will become the exclusive operator of the Junin 5 heavy oil field in the Orinoco Belt