Former Chevron executive seeks $2 billion for Venezuelan oil projects, FT reports

Core Viewpoint - A former top Chevron executive, Ali Moshiri, is raising $2 billion for Venezuelan oil projects following the U.S. capturing its leader Nicolas Maduro and President Donald Trump's statements regarding Washington's involvement [1] Group 1: Company Developments - Ali Moshiri, previously a high-ranking executive at Chevron, is spearheading efforts to secure $2 billion for oil projects in Venezuela [1] - The initiative comes in the context of significant political changes in Venezuela, particularly the U.S. capturing of Nicolas Maduro [1] Group 2: Industry Context - The Venezuelan oil industry is poised for potential investment opportunities as political dynamics shift, particularly with U.S. involvement [1] - The announcement reflects a broader trend of foreign investment interest in Venezuelan oil, which has been historically impacted by political instability [1]