ConocoPhillips visits Venezuela to evaluate oil opportunities
By Sheila Dang
Published on April 9, 2026.
American oil company, ConocoPhillips, has visited Venezuela to evaluate potential investments in the country. The company left Venezuela in 2007 after its assets were nationalized and is owed about $12 billion with interest following arbitration awards. U.S. President Donald Trump has urged oil companies to invest in rebuilding Venezuela's energy sector.
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