Trump Administration Plans Talks With U.S. Oil Executives on Venezuela

3 weeks ago
The Trump administration is planning to meet with executives from U.S. oil companies later this week to discuss boosting oil production in Venezuela, according to a source familiar with the matter.

The discussions would come in the wake of the U.S.-led operation that ousted Venezuelan leader Nicolás
Maduro and could mark a major shift in American energy involvement in the South American nation. The administration is exploring ways to bring U.S. oil companies back into Venezuela after the government there took control of U.S.-led energy operations nearly two decades ago.

The White House declined to comment directly on the planned meetings but said it believes U.S. industry is prepared to move into Venezuela.