US Oil Companies Balk at Venezuela Rebuild
Update: 2025-12-17
Description
U.S. Government Reaches Out to Oil Companies for Venezuela Reconstruction Amid Escalating TensionsThe U.S. government has reportedly started approaching American oil companies to rebuild Venezuelas oil infrastructure post-Maduro, despite industrys reluctance due to high risks and low global oil prices. The State Department, with help from a former Venezuela oil executive, is leading these initial talks, but interest from the industry remains minimal.
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