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Why Trump Wants ConocoPhillips, ExxonMobil And Chevron To Rebuild Venezuela’s Oil Fields

DeFi Daily News by DeFi Daily News
January 9, 2026
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Why Trump Wants ConocoPhillips, ExxonMobil And Chevron To Rebuild Venezuela’s Oil Fields
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The Trump administration expects U.S. oil majors to pour billions of dollars into Venezuela’s fraying oil infrastructure. CNBC’s Brian Sullivan reports on the plan put forward by U.S. Energy Secretary Chris Wright.

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Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images

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The $10 Billion Plan To Rebuild Venezuela’s Oil Industry

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Tags: Brian SullivanbusinessChevronchris wrightcnbcConocoPhillipsDonald TrumpenergyenezuelaExxonMobilFieldsinfrastructureLatin Americanatural gasNewsOilPiper SandlerrebuildStock marketTrumpu.s. newsVenezuelas
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