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.

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

While Venezuela has the world's largest oil reserves, its oil production is relatively small.

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

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…

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.

U.S. urges oil companies to invest in Venezuela to recover expropriated assets and revive the struggling oil industry.

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

Shares of U.S. oil companies soared in premarket trade on Monday, as investors monitor the fallout from the White House's military operation in Venezuela.

Investors bet the action may open opportunities to tap the country's oil wealth.

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.

US energy stocks rally after abduction of Nicolas Maduro while analysts warn Opec countries could face 'serious' pressure

The White House official did not say which companies the administration has spoken to or when the conversations took place.

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.

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.