Group 1 - Major U.S. oil companies are set to invest $100 billion to rebuild Venezuela's energy sector following the capture of Nicolás Maduro [1][4] - The investment aims to enhance Venezuela's oil infrastructure and increase production to unprecedented levels, with the U.S. and Venezuela together holding 55% of the world's oil [2][4] - The U.S. administration will determine which companies can operate in Venezuela, with the expectation that U.S. consumers will benefit from lower gas prices [4][7] Group 2 - Venezuela has agreed to allow the U.S. to refine and sell up to 50 million barrels of its crude oil, which will be an ongoing arrangement [4][8] - The oil will be sold at market price, with proceeds managed by the U.S. President to benefit both Venezuelan and U.S. citizens [10] - Currently, Chevron is the only U.S. oil company operating in Venezuela, while others like ConocoPhillips and ExxonMobil had their assets nationalized [12]

President Donald Trump's call for U.S. oil companies to rebuild Venezuela's energy sector after the overthrow of President Nicolas Maduro is easier said than done. Chevron holds the advantage as the only major U.S. oil company currently operating in Venezuela, according to Wall Street analysts. ExxonMobil and ConocoPhillips left the country after former President Hugo Chavez nationalized the industry and seized their assets in 2007. Venezuela has the largest proven crude oil reserves in the world, at 303 bi ...