(Jan 7): US President Donald Trump is set to meet with energy executives at the White House within the next week as he seeks to enlist Western companies in rebuilding Venezuela’s oil industry. The timing remains fluid, a White House official said. But some oil companies are wary of pouring tens of billions of dollars into the country over the next decade. Wright is separately expected to meet with executives from major oil companies during the Goldman Sachs Energy, Clean Tech & Utilities Conference on Wednesday in Miami, a White House official said. In the current environment, a gathering also could be seen as an endorsement of Trump’s plans to use Western oil companies to rebuild the Venezuelan oil sector.

Source: The Edge Markets January 07, 2026 05:52 UTC