US oil giants silent on Trump claim they will spend billions on Venezuelan oil industry

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US president says oil majors primed to invest in rebuilding infrastructure following Maduro ouster

US oil giants have so far remained silent on Donald Trump’s claim that they are primed to spend “billions and billions of dollars” rebuilding the Venezuelan oil industry following the ouster of Nicolás Maduro​.

Chevron, the only US oil company still operating in Venezuela, committed only to following “relevant laws and regulations” after the US president suggested American energy multinationals would be central to his plans for the country.

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