Venezuela: Chevron to invest $2 billion in field

Oil   Oil
By The Associated Press on July 19, 2012

CARACAS, Venezuela (AP) — Venezuela's state oil company says U.S. oil giant Chevron Corp. plans to invest $2 billion to boost petroleum production at a Venezuelan oil field.

The state-run PDVSA says Chevron is seeking to increase output from the Boscan oil field in the western state of Zulia.

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Petroboscan
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