Politics Economy Country 2026-01-04T19:27:54+00:00

Trump Announces Return of US Oil Companies to Venezuela

Donald Trump announced that major US oil companies will enter Venezuela to rebuild infrastructure and be reimbursed with oil production. He also justified the military intervention by the need to control the region's energy resources.


Trump Announces Return of US Oil Companies to Venezuela

Donald Trump was explicit in stating that the 'very large oil companies of the United States' will enter Venezuela to fix the infrastructure and 'start making money'. Direct Reimbursement: The president assured that the reconstruction will be paid for by the same oil companies, which will be reimbursed with production. 'We are going to make a lot of money so that we can take care of the country... and also reimbursement for the people in our country,' he stated. Historical Justification: Trump argued that the Chavist regime 'stole' the oil industry built with American talent and that this operation is a way to recover that property. End of the Embargo: Although the embargo is still in effect for now, the projection is to sell oil in 'much larger doses' to other countries once extraction is normalized. Security and Control Trump justified the military intervention not only because of drug trafficking, but also due to the need to secure the energy supply in the hemisphere with control of Venezuelan resources. What will happen to PDVSA after the US intervention? According to Donald Trump's speech, Venezuela's state-owned oil industry will be de facto intervened by major US oil companies. An analysis of the words used by the Republican leader yields a compelling fact: he mentioned the terms 'oil,' 'oil,' or 'oil companies' 22 times, while the word 'democracy' was not pronounced even once. According to what the Argentine News Agency learned, although Trump spoke of 'freedom' and 'justice' for Venezuelans, he avoided the term democracy, preferring to speak of a 'safe, adequate, and judicious transition' managed by the United States until the country stabilizes. The Plan: Settling the Debt with Crude The central axis of the intervention was not the political system, but economic recovery through the direct intervention of American companies. The plan does not contemplate an immediate privatization in the traditional sense, but rather a controlled operation where US companies 'We have to have energy that is real energy... It is very important that we protect it,' he stated, linking the national security of the US with control over Venezuelan resources. will invest to repair the 'rotten' infrastructure and will charge for those investments and historical debts directly with the flow of oil that is extracted, assuming operational management of the fields. Washington, January 4 -- In his first speech after the military operation that ended with the capture of Nicolás Maduro, Donald Trump's speech was marked by a strong emphasis on energy resources.