US Oil Companies Demand Guarantees for Venezuela Investment Amid Risks
US oil giants are demanding legal guarantees before committing capital to Venezuela. Discover why security is now more important than oil reserves.
Billions are at stake, but the risks are even higher. US oil companies are signaling they won't open their wallets for Venezuela without ironclad legal and financial safety nets. According to the Financial Times and Reuters, industry giants like Chevron are seeking more than just temporary licenses.
The Push for US Oil Companies Venezuela Investment Guarantees
The memory of past nationalizations still haunts the energy sector. While the U.S. government has eased some sanctions to boost global supply as of January 2026, companies are wary of political volatility. They're reportedly demanding written assurances that their assets won't be seized and that they can freely repatriate dividends.
High Stakes for Global Energy Supply
Venezuela holds the world's largest proven oil reserves, yet its infrastructure is crumbling. Experts suggest it needs billions of dollars in fresh capital to restore production to its former peak. Currently, output remains stagnant at roughly 30% of historical levels.
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