ConocoPhillips
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business Jan 4, 2026, 12:11 PM
Chevron stays in Venezuela as Trump encourages U.S. energy firms to invest billions - Chevron is currently the only U.S. oil company operating in Venezuela amid uncertainties regarding other firms' return.
- The Trump administration believes there's potential for U.S. energy firms to invest heavily in revitalizing Venezuela's oil infrastructure.
- The overall sentiment is that without significant governance changes, the sanctions on Venezuela's oil will remain enforced, thus limiting international investment.
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2026 All rights reserved
2026 All rights reserved