Trump Engages Oil Executives in Discussions on Venezuelan Investment Opportunities
American Energy Institute founder and CEO Jason Isaac discusses President Donald Trump’s push to lower oil prices and the role Venezuelan oil could play on ‘The Bottom Line.’
President Donald Trump is set to host a group of leading oil executives at the White House to explore investment opportunities in Venezuela. This meeting follows the military’s successful capture of the nation’s dictatorial president, Nicolás Maduro, and his wife over the weekend.
White House spokeswoman Taylor Rogers stated, “Following the announcement of President Trump’s historic energy deal with Venezuela, American oil companies will come to the White House to discuss investment opportunities that will restore Venezuelan oil infrastructure.” She emphasized that these investments would benefit the American people, energy companies, and the Venezuelan populace alike.
Among the oil companies expected to attend are major players such as Chevron, Exxon, ConocoPhillips, Continental, Halliburton, HKN, Valero, Marathon, Shell, Trafigura, Vitol Americas, Repsol, Eni, Aspect Holdings, Tallgrass, Raisa Energy, and Hilcorp.
TRUMP TO MEET WITH OIL EXECUTIVES ABOUT VENEZUELA ON FRIDAY
A pump jack stands near an oil spill at a Petroleos de Venezuela SA (PDVSA) facility in the Orinoco Belt of El Tigre, Venezuela. (Bloomberg/Getty Images / Getty Images)
In addition to Trump, several Cabinet members will join the discussions, including Secretary of State Marco Rubio, Secretary of Energy Chris Wright, and Secretary of the Interior Doug Burgum.
Trump announced a successful military operation in Venezuela that resulted in the arrests of Maduro and his wife, Cilia Flores, on narcotics charges. The couple has since been transported to New York City, where they pleaded not guilty during their arraignments.
MADURO’S REMOVAL COULD REVERSAL DECADES OF ECONOMIC STRUGGLES FOR VENEZUELANS
They are currently being held at the federal Metropolitan Detention Center in Brooklyn, New York.
President Donald Trump in the Oval Office of the White House on December 15, 2025 in Washington, DC. (Anna Moneymaker/Getty Images / Getty Images)
Venezuela, known for its vast oil reserves, has become a focal point for U.S. energy strategy. Trump announced that the U.S. would “run” the South American nation, although details on this plan remain vague. He also stated that Venezuelan oil would be turned over to the U.S., including “between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America.”
MADURO’S CAPTURE PUTS CUBA’S VENEZUELAN OIL-DEPENDENT ECONOMY AT RISK
Trump elaborated that this oil would be sold at market price, with the proceeds controlled by him to ensure benefits for both the Venezuelan and American people. He instructed Energy Secretary Chris Wright to implement this plan immediately, involving storage ships to transport the oil directly to U.S. unloading docks.
He also mentioned that Venezuela would purchase only American-made products with the revenue generated from this new oil deal.
Venezuelan leader Nicolas Maduro and his wife are being held in New York City where they will be tried for a number of crimes. (Matias Delacroix/Getty Images / Getty Images)
In a recent interview with The New York Times, Trump expressed his expectation that the U.S. would manage Venezuela and extract oil from its reserves for years to come. Currently, Chevron is the only U.S. oil company operating in Venezuela, while ConocoPhillips and Exxon Mobil had previously operated there before the regime nationalized their assets.
The oil leaders are anticipated to discuss plans for investing in Venezuela, aiming to ramp up oil production in the country.
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Fox Business’ Eric Revell contributed to this report.
American Energy Institute founder and CEO Jason Isaac discusses President Donald Trump’s push to lower oil prices and the role Venezuelan oil could play on ‘The Bottom Line.’
President Donald Trump is set to host a group of leading oil executives at the White House to explore investment opportunities in Venezuela. This meeting follows the military’s successful capture of the nation’s dictatorial president, Nicolás Maduro, and his wife over the weekend.
White House spokeswoman Taylor Rogers stated, “Following the announcement of President Trump’s historic energy deal with Venezuela, American oil companies will come to the White House to discuss investment opportunities that will restore Venezuelan oil infrastructure.” She emphasized that these investments would benefit the American people, energy companies, and the Venezuelan populace alike.
Among the oil companies expected to attend are major players such as Chevron, Exxon, ConocoPhillips, Continental, Halliburton, HKN, Valero, Marathon, Shell, Trafigura, Vitol Americas, Repsol, Eni, Aspect Holdings, Tallgrass, Raisa Energy, and Hilcorp.
TRUMP TO MEET WITH OIL EXECUTIVES ABOUT VENEZUELA ON FRIDAY
A pump jack stands near an oil spill at a Petroleos de Venezuela SA (PDVSA) facility in the Orinoco Belt of El Tigre, Venezuela. (Bloomberg/Getty Images / Getty Images)
In addition to Trump, several Cabinet members will join the discussions, including Secretary of State Marco Rubio, Secretary of Energy Chris Wright, and Secretary of the Interior Doug Burgum.
Trump announced a successful military operation in Venezuela that resulted in the arrests of Maduro and his wife, Cilia Flores, on narcotics charges. The couple has since been transported to New York City, where they pleaded not guilty during their arraignments.
MADURO’S REMOVAL COULD REVERSAL DECADES OF ECONOMIC STRUGGLES FOR VENEZUELANS
They are currently being held at the federal Metropolitan Detention Center in Brooklyn, New York.
President Donald Trump in the Oval Office of the White House on December 15, 2025 in Washington, DC. (Anna Moneymaker/Getty Images / Getty Images)
Venezuela, known for its vast oil reserves, has become a focal point for U.S. energy strategy. Trump announced that the U.S. would “run” the South American nation, although details on this plan remain vague. He also stated that Venezuelan oil would be turned over to the U.S., including “between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America.”
MADURO’S CAPTURE PUTS CUBA’S VENEZUELAN OIL-DEPENDENT ECONOMY AT RISK
Trump elaborated that this oil would be sold at market price, with the proceeds controlled by him to ensure benefits for both the Venezuelan and American people. He instructed Energy Secretary Chris Wright to implement this plan immediately, involving storage ships to transport the oil directly to U.S. unloading docks.
He also mentioned that Venezuela would purchase only American-made products with the revenue generated from this new oil deal.
Venezuelan leader Nicolas Maduro and his wife are being held in New York City where they will be tried for a number of crimes. (Matias Delacroix/Getty Images / Getty Images)
In a recent interview with The New York Times, Trump expressed his expectation that the U.S. would manage Venezuela and extract oil from its reserves for years to come. Currently, Chevron is the only U.S. oil company operating in Venezuela, while ConocoPhillips and Exxon Mobil had previously operated there before the regime nationalized their assets.
The oil leaders are anticipated to discuss plans for investing in Venezuela, aiming to ramp up oil production in the country.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Fox Business’ Eric Revell contributed to this report.
