Big and small oil companies summoned to meet Trump on Venezuelan oil

Al JazeeraCenterEN 2 min read 100% complete by By News AgenciesJanuary 9, 2026 at 07:39 PM
Big and small oil companies summoned to meet Trump on Venezuelan oil

AI Summary

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On Friday, January 10, 2026, President Donald Trump is scheduled to meet with executives from both large and small US oil companies to discuss potential investment in Venezuelan oil. The meeting, announced on Trump's Truth Social account, will focus on the long-term relationship with Venezuela, its security, and reducing oil prices for Americans. While major players like Chevron, Exxon Mobil, and ConocoPhillips are expected, the inclusion of smaller, independent firms and private equity-backed companies is notable. Several of these smaller companies have connections to Denver, Colorado, the home of Energy Secretary Chris Wright. The meeting aims to explore opportunities for US oil companies to operate in Venezuela.

Keywords

venezuelan oil 100% oil companies 80% oil prices 60% investment 60% donald trump 50% oil production 50% energy secretary 50% energy 40% us oil 40%

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Al Jazeera
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