Getting climate, energy & environment news right.

Trump administration sets meetings with oil companies over Venezuela, source says

The C3 Take
  • The Trump administration is scheduling meetings with executives from Exxon Mobil, ConocoPhillips, and Chevron to discuss multi-billion dollar investments aimed at revitalizing Venezuela’s oil production following the military ouster of Nicolas Maduro.
  • Analysts and industry insiders warn that any recovery in production will require years of work and massive investment due to the country’s decaying infrastructure, legal uncertainties, and a history of nationalization

Read the full article in Reuters here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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