Many of the smaller firms have connections to Denver, Colorado, the home turf of Energy Secretary Chris Wright.

The oil industry has been mostly silent on Venezuela as the security situation and stability of the government in Caracas is far from clear.

Many of the smaller firms have connections to Denver, Colorado, the home turf of Energy Secretary Chris Wright.

"Today it's uninvestable," Exxon chief executive Darren Woods says of Venezuela.

President Donald Trump and executives for several U.S. oil companies discussed a potential $100 billion investment in Venezuela's energy sector.

ExxonMobil's CEO said legal and commercial hurdles make Venezuela's oil \

Experts said oil execs gave a 'less-than-full-throated' approval as they waited on terms from US and Venezuela.

The president, who hosted industry representatives at the White House on Friday, urged them to rapidly invest in the South American country to exploit its vast reserves and…

The CEOs of Exxon and Conoco are wary of returning to Venezuela. Chevron is ready to quickly ramp up production.