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Behind the scenes of who is attending Trump's oil executive meeting after Maduro operation
Fox Business· 2026-01-09 15:45
Group 1 - President Trump is hosting top oil executives to discuss investment opportunities in Venezuela following the military's capture of Nicolás Maduro and his wife [1][6] - The meeting includes major American oil companies such as Chevron, Exxon, and ConocoPhillips, among others, to restore Venezuelan oil infrastructure [2][12] - Trump announced that Venezuelan oil will be turned over to the U.S., with an estimated 30 to 50 million barrels of oil to be sold at market price, with funds controlled by the U.S. government [9][10] Group 2 - The U.S. plans to run Venezuela and extract oil from its reserves for years, with discussions focused on ramping up oil production in the country [12] - Currently, Chevron is the only U.S. oil company operating in Venezuela, while others like ConocoPhillips and ExxonMobil had their assets nationalized [12]
Trump says US oil companies will spend billions in Venezuela
Reuters· 2026-01-03 18:27
President Donald Trump said that American oil companies were prepared to enter Venezuela and invest to restore production in the South American country, an announcement that came just hours after Nico... ...