Friday, January 9, 2026

Wary of Investing in Venezuela, Big Oil Heads to the White House

 Wary of Investing in Venezuela, Big Oil Heads to the White House - The New York Times

The amounts of money, time and political uncertainty trouble executives at large Western oil companies, who plan to meet with President Trump on Friday.

A statue near the Venezuelan state oil company in Caracas. U.S. energy executives were far from ready to make a commitment when President Trump said they would “spend billions of dollars” in that country. Adriana Loureiro Fernandez for The New York TimesCreditAdriana Loureiro Fernandez for The New York TimesAdriana Loureiro Fernandez for The New York Times