Skip to Main Content
×
Quiver Logo Get a Free Trial on Quiver Premium Today!
Back to News

Trump Administration Had No Consultations With Major U.S. Oil Firms on Venezuela, Executives Say

Quiver Data Analyst

The Trump administration did not consult with Exxon Mobil ($XOM), ConocoPhillips ($COP), or Chevron ($CVX) before or after U.S. forces captured Venezuelan President Nicolás Maduro on January 3, according to four oil industry executives familiar with the matter.

  • Four oil industry executives said none of the three companies had conversations with the White House about operating or investing in Venezuela.
  • The executives stated the companies had no prior knowledge of the U.S. operation to capture Maduro.
  • The accounts contradict President Donald Trump’s statement that he spoke with U.S. oil companies “before and after” Maduro’s capture.
  • Sources requested anonymity due to the sensitivity of the situation.
  • The White House did not immediately respond to requests for comment.

Relevant Companies

  • Exxon Mobil ($XOM) – Potential involvement in Venezuelan upstream oil development or production contracts.
  • ConocoPhillips ($COP) – Possible exposure to future Venezuelan energy investment or asset negotiations.
  • Chevron ($CVX) – Existing and potential operations in Venezuela subject to U.S. policy and sanctions decisions.

Editor’s Note: This is a developing story. This article may be updated as more details become available.

About the Author

Matthew Kerr is a data analyst at Quiver Quantitative, with a focus on single-stock research and government datasets. Prior to joining Quiver, Matthew was an analyst intern at BlackRock.

Add Quiver Quantitative to your preferred sources on Google Google News Logo

Suggested Articles