Democrats demanded information from seven top U.S. oil companies about any meetings with the Trump administration regarding plans to control Venezuela’s oil industry.

Trump wants U.S. companies to invest in Venezuela, which could be complicated by political instability and a history of oil industry state control.

“If Venezuelan oil is going to flow again, it should be refined on American soil, by American workers, strengthening American energy dominance. Any policy shift must put national security first, protect U.S. jobs, and reinforce the long-term strength of our domestic energy markets,” Babin said in a statement.

Eighteen years ago, under Hugo Chávez, Venezuela nationalised assets belonging to American and other Western firms; claims worth a combined $60bn have been filed against it and PDVSA, the national oil firm,

Companies like Exxon Mobil and ConocoPhillips say that Venezuela owes them billions of dollars for confiscating their assets two decades ago.

The Trump administration’s recent military actions in Venezuela risked the lives of American service members at a steep cost to the American taxpayer, all in an effort to benefit the president’s Big Oil donors.

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive our stories in your inbox every week. In December 1990, officials in the federal agency ...

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President accused of ‘insane plan’ to ‘steal Venezuelan oil at gunpoint’ - Trump claimed that American companies would be sending workers to Venezuela to help rebuild the nation’s oil industry infrast