Exploiting Latin American country's reserves faces obstacles from decrepit infrastructure to leadership uncertainty.

U.S. oil companies will invest billions of dollars in Venezuela's energy sector after the overthrow of Nicolas Maduro, President Donald Trump said.

'We're going to run the country until such time as we can do a safe, proper and judicious transition,' Donald Trump said at a press conference following the capture of President…

The president, who claimed to oppose involvement in “nation building,” also said the U.S. would “run” Venezuela for an indefinite period.

"We have tremendous energy in that country. It's very important that we protect it. We need that for ourselves."

Experts say lifting production to former levels could take decades, and huge investment will be needed

Trump's plan to take control of Venezuela's oil industry and ask American companies to revitalize it after capturing that country's president in a military raid isn't likely to…

Trump's plan to take control of Venezuela's oil industry and ask American companies to revitalize it after capturing that country's president in a military raid isn't likely to…

US president claims US will take back oil stolen from it by Venezuela, but experts say no legal claim to natural reserves exists

The US president believes that the ousting of Venezuelan head of state Nicolas Maduro paves the way for the return of American oil majors to a country that holds the world's…

Donald Trump has said that American oil firms will invest billions to produce oil in Venezuela.

Donald Trump now says he wants American companies to take over Venezuelan fields in order to extract and sell resources.

Exploiting Latin American country's reserves faces obstacles from decrepit infrastructure to leadership uncertainty.

Shares of U.S. oil majors are rising as investors bet that they will cash in after the military action that ousted Venezuelan President Nicolas Maduro.

The US might aim to unlock the country’s reserves, but cost and political uncertainty make it look an uncertain option

President Trump's call for U.S. oil companies to rebuild Venezuela's energy sector after the overthrow of President Nicolas Maduro is easier said than done.

“I don't think any large U.S. major company is going to want to invest without a series of guarantees,” one historian of Venezuela said.

Doubling Venezuela's weakened oil flows could cost $110 billion and take until 2030.

Trump is open about his ambitions for scaled-up US operations, but analysts say such plans would take time.

‘Everybody loses’ if production supercharged in country with largest known oil reserves, critics say

In the 1990s, Venezuelan society became further split between the wealthy, who wanted to work with the US, and the working class, who didn't.