
Former Chevron Executive Seeks $2 Billion to Invest in Venezuelan Oil Projects
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A former senior Chevron executive, **Ali Moshiri**, is attempting to raise **$2 billion** to invest in Venezuelan oil assets, according to a *Financial Times* report. Moshiri’s firm, **Amos Global Energy Management**, is reaching out to institutional investors through a **private placement**, aiming to capitalize on new opportunities in Venezuela’s once‑dominant crude sector that has suffered years of decline.
Moshiri told the FT that investor interest surged sharply after recent geopolitical changes involving the U.S. and Venezuela, with multiple inquiries about funding coming in within 24 hours. His fund has already identified several potential target assets in the country’s oil sector as part of its strategy.
The push to attract capital follows heightened U.S. involvement in Venezuela’s political landscape and encouragement from Washington for American companies to help revive the nation’s oil production. However, some major U.S. oil firms remain cautious due to historical political uncertainties and substantial capital needs.
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