Spencer Kimball

Leading U.S. oil executives told President Donald Trump at the White House on Friday that Venezuela will need major reforms to attract investment. Trump said Friday the industry would invest at least $100 billion to rebuild Venezuela's energy sector with ... See more

President Donald Trump met Friday afternoon with more than a dozen oil companies at the White House to discuss plans for investment in Venezuela, less than a week after the U.S. ousted President Nicolás Maduro . Exxon CEO Darren Woods, ConocoPhillips CEO ... See more

President Donald Trump said Wednesday that Venezuela will purchase American products with revenue from its oil sales. "I have just been informed that Venezuela is going to be purchasing ONLY American Made Products, with the money they receive from our new... See more

The debts that Venezuela owes ConocoPhillips and ExxonMobil are not an immediate priority for the Trump administration after the overthrow of President Nicolas Maduro, Energy Secretary Chris Wright told CNBC on Wednesday. "The huge debts that are owed Con... See more

President Donald Trump reserves the right to use military force to secure oil interests in Venezuela, White House press secretary Karoline Leavitt said Wednesday. "The president, of course, reserves the right to use the United States military if necessary... See more