US Edition'Before Returning to Venezuela, US Oil Companies Will Want to Be Given Assurances', Analyst Says
10 Articles
10 Articles
After the military invasion of Washington that led to the arrest of Venezuelan President Nicolás Maduro, President Donald Trump insisted that his desire now is for the big U.S. oil companies to again extract crude oil in the South American country. However, far from the enthusiasm suggested by the political discourse, the mood within the oil industry is cautious.The uncertainty regarding the future of Venezuela, coupled with the high investment …
Austin, Jan 7 (EFE).- After the military attack by Washington that led to the arrest of the now former Venezuelan president, Nicolás Maduro, President Donald Trump has insisted that his desire now is for the big American oil companies to re-extract oil from the South American country. However, far from the enthusiasm suggested by the political discourse, the mood within the oil industry is cautious. The uncertainty regarding the future of Venezu…
U.S. oil companies evaluate risks of investment in Venezuela
U.S. oil companies are evaluating a wide range of risks when it comes to making investments in Venezuela. Bob McNally, President of Rapidan Energy Group, explains that companies will be “very cautious” about moving forward.
'Before returning to Venezuela, US oil companies will want to be given assurances', analyst says
Speaking with FRANCE 24's Sharon Gaffney, Colin Harding, a consultant on Latin America and the Caribbean and former Latin America editor of the Independent, says that Donald Trump's push to get US oil majors in Venezuela may encounter some resistance as companies "will want to be given assurances about the legal framework, about security and about conditions".
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