Oil executives and industry leaders have stressed companies need political and legal reforms, contract certainty and security guarantees before investing in Venezuela following the apprehension of ...

The U.S. won't provide security guarantees to companies that plan to operate in Venezuela, Energy Secretary Chris Wright said. "We are not going to get involved in providing on the ground security for ...

Energy Secretary Chris Wright said Thursday the United States will not provide on-the-ground security to oil companies operating in Venezuela as part of efforts to revitalize the country’s energy ...

The DOE secretary said controlling the “flow of funds” into the country will give the U.S. leverage to cut crime and improve business conditions. Energy Secretary Chris Wright said Thursday that the ...

Since last month, the Treasury issued several other general licenses to facilitate oil exports, storage, imports and sales from Venezuela. It also authorized the provision of U.S. goods, technology, ...

The Trump administration has no plans to provide oil companies potentially heading back into Venezuela with security guarantees, U.S. Secretary of Energy Chris Wright said Thursday, despite President ...

After decades of operating through sanctions and political turmoil, Ensign Energy Services now holds a strategic early-mover ...

U.S. officials told oil executives on Wednesday that Washington will not provide security guarantees for companies operating in Venezuela, even as the Trump administration encourages the industry to ...

Flames rise from flare stacks at the Amuay refinery in Los Taques, Venezuela, Wednesday, Jan. 14, 2026. CARACAS, Venezuela (AP) — Venezuela’s legislature advanced a bill on Thursday to loosen state ...

CARACAS, Venezuela (AP) — Venezuela’s legislature advanced a bill on Thursday to loosen state control over the country’s vast oil sector in the first major overhaul since the late socialist leader ...