Ex-Chevron executive seeks $2bn for Venezuelan oil projects
Donald Trump’s toppling of President Nicolás Maduro opens door to US investors eyeing world’s largest crude reserve
Donald Trump’s toppling of President Nicolás Maduro opens door to US investors eyeing world’s largest crude reserve

President says oil majors poised to develop South American country’s energy reserves

Shift in policy comes after US hostages were released by authoritarian leader Nicolás Maduro

US companies have reason to be less keen on tapping the country’s vast reserves

Trump administration bets on US energy companies reversing the fall in crude output under Maduro

Bounty viewed as symbolic follows licence to Chevron to produce oil in South American country

Investors will weigh short-term disruption to Venezuelan exports against potential to eventually pump more crude