Trump seeks vast, potentially costly U.S. stake in Venezuelan oil industry

Trump seeks vast, potentially costly U.S. stake in Venezuelan oil industry

A deal, which may come together early next month, would be contentious and could cost billions.

Trump Seeks Vast U.S. Stake in Venezuelan Oil Industry

"The Trump administration is negotiating a long-term stake in a vast share of Venezuela’s oil fields, according to three people close to the discussions, a costly and legally precarious proposal that aims to nudge reluctant energy companies to drill in the risky region," the Washington Post report

Trump administration weighs deal for U.S. access to Venezuelan oil

Reuters reports the Trump administration is negotiating long-term access to Venezuelan oil fields as it seeks cheaper crude and greater U.S. energy security.

US Wants 100-Year Deal on Venezuelan Oil

Washington is considering a century-long arrangement granting US companies access to Venezuelan oil fields as investment and production plans accelerate.