Trump administration has spoken to multiple oil companies about Venezuela
CNBC••business
Key Points:
- The Trump administration has engaged in discussions with multiple U.S. oil companies regarding investment opportunities in Venezuela's energy sector, according to a White House official.
- President Trump expressed confidence that U.S. oil firms would invest billions to rebuild Venezuela's oil infrastructure following the potential capture of President Nicolás Maduro.
- The White House did not disclose which companies were involved or the timing of these conversations, while some major firms like Chevron, Conoco, and Exxon have reportedly not discussed Maduro's overthrow with the administration.
- White House spokeswoman Taylor Rogers emphasized that U.S. oil companies are prepared to invest significantly to restore Venezuela's oil industry, which she attributes to destruction by Maduro's regime.
- Energy Secretary Chris Wright and executives from Chevron and ConocoPhillips
