White House gathers oil majors, traders, drillers on Venezuela
Reuters·2026-01-09 11:03

Core Viewpoint - The White House is organizing a meeting with major U.S. and international oil companies to explore potential investments in Venezuela's energy sector, aiming to revive crude oil production in the country affected by sanctions [1] Group 1 - The meeting is scheduled for Friday and involves significant stakeholders in the oil industry [1] - The administration is considering various strategies to increase crude output in Venezuela [1] - The focus is on addressing the challenges posed by existing sanctions on Venezuela's energy sector [1]