U.S. Oil Giants Struggle to Secure Venezuela’s Most Valuable Energy Assets

Major American oil companies have encountered significant obstacles in their attempts to expand into Venezuela, frustrating the Trump administration’s expectations that U.S. investment would quickly revive the country’s enormous but badly damaged petroleum industry. Seven months after the removal of Nicolás Maduro, negotiations involving Exxon Mobil, Chevron and ConocoPhillips have produced limited results as companies […]