Could US oil companies operate in Venezuela? Trump energy chief makes push
- - Could US oil companies operate in Venezuela? Trump energy chief makes push
Nathan Crooks, Sheila Dang and Vallari Srivastava, Reuters January 7, 2026 at 8:30 AM
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Could US oil companies operate in Venezuela? Trump energy chief makes push
Energy Secretary Chris Wright said on Wednesday, Jan. 7, that the United States government wants to resume Venezuelan oil shipments, deposit money into U.S.-controlled accounts, and create conditions for U.S. oil companies to operate in the country.
Wright said he was speaking to U.S. oil companies to learn what conditions would enable them to enter the South American country and added that he wanted to sell Venezuelan oil to U.S. refineries.
He was speaking at the Goldman Sachs Energy, CleanTech & Utilities Conference in Miami.
1 / 19See aftermath of US raid on Venezuela to capture MaduroEmployees stand near rubble and a dish antenna with holes after a U.S. airstrike destroyed a TV and telephone tower that collapsed onto transmission operator Carlos BrachoÕs home, killing a neighbor and injuring her daughter in the same attack, according to Bracho, in El Hatillo, on the outskirts of Caracas, Venezuela on Jan. 4, 2026.
Over the weekend, President Donald Trump said the U.S. would "take control" of Venezuela after U.S. forces ousted Venezuelan President Nicolás Maduro.
U.S. oil executives are expected to visit the White House later this week to discuss ways to revive Venezuela's tattered oil sector, Reuters had reported on Jan. 7.
This article originally appeared on USA TODAY: Could US oil companies operate in Venezuela? Chris Wright makes push
Source: “AOL Breaking”
