US oil companies and Venezuela's government face stalled negotiations over key oil assets. Companies seek fiscal guarantees and access to attractive fields, which remains unresolved. Washington encouraged investment to boost crude output amid global supply concerns. Legal uncertainty and past nationalizations deter major companies from new capital. Smaller producers are now being considered to revive production more quickly.

Exxon, Chevron and others are jockeying for the best oil fields, but talks aren’t progressing as quickly as the Trump administration hoped. | World News

US oil companies and Venezuela's government face stalled negotiations over key oil assets. Companies seek fiscal guarantees and access to attractive fields, which remains…