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Chevron CEO says patience pays off in Venezuela oil deal
Summary by The Japan Times
5 Articles
5 Articles
The Japan Times+2 Reposted by 2 other sources
Chevron CEO says patience pays off in Venezuela oil deal
For two decades, Chevron stayed while all its major peers quit after former Venezuelan President Hugo Chavez nationalized foreign assets atop the world's largest oil reserves.
·Chiyoda, Japan
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News of the Day and the Hour Latest News of the day The big oil companies have often used the strategy of persistence: to secure legal rights over a gigantic resource and finally find a way to produce it profitably. But few companies have reached the extremes of Chevron. For two decades, Chevron remained in Venezuela while all its main competitors withdrew after former President Hugo Chávez nationalized foreign assets on the world's largest oil…
Coverage Details
Total News Sources5
Leaning Left0Leaning Right2Center1Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
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