NEW YORK | Xinhua |  U.S. President Donald Trump on Friday promoted his plan of securing investment of at least 100 billion U.S. dollars to rebuild Venezuela’s oil industry in a meeting with U.S. oil company executives at the White House. Trump urged major U.S. oil companies to participate in the investment deal and promised …

The oil industry has been mostly silent on Venezuela as the security situation and stability of the government in Caracas is far from clear.

The oil industry has been mostly silent on Venezuela as the security situation and stability of the government in Caracas is far from clear.

Trump wants U.S. oil companies to invest billions in Venezuela's broken infrastructure, but massive unpaid debts to American firms complicate plans.

Trump wants U.S. oil companies to invest billions in Venezuela's broken infrastructure, but massive unpaid debts to American firms complicate plans.

President Donald Trump said today that U.S. oil companies will spend billions of dollars to rebuild Venezuela’s crumbling energy infrastructure after a military operation that led to the capture of Nicolas Maduro, the country’s former leader.

PALM BEACH, Florida, Jan 3 - President Donald Trump said that American oil companies were prepared to enter Venezuela and invest to restore production in the South American country, an announcement that came  just hours after Nicolás Maduro was captured and removed by U.S. forces. Read more at straitstimes.com. Read more at straitstimes.com.