News Analysis
Following the capture of Venezuelan leader Nicolás Maduro on Jan. 3, President Donald Trump said that U.S. oil companies would help to rebuild the country’s crumbling oil industry.
The Challenge for US Companies to Rebuild Venezuelan Oil Industry Wrecked by Decades of Neglect
‘U.S. companies will not commit serious capital to Venezuela without a credible reset on the rule of law,’ said Jason Isaac, CEO of American Energy Institute.
General view of the El Palito refinery building in Puerto Cabello, Venezuela, on Dec. 18, 2025. Jesus Vargas/Getty Images
