US Energy Secretary promotes investment in Venezuela and warns against Chinese influence
Secretary Chris Wright visited Caracas to boost oil output through US partnerships. He warned that Chinese deals often harm local nations while promoting American energy ties.
Insights:
Secretary of Energy Chris Wright arrived in Caracas on February 12, 2026, to press for expanded investment from the United States 
US in the oil, gas, and power sectors of Venezuela 
VE. This visit represents the highest-level U.S. energy-focused engagement with Venezuela in nearly three decades and coincides with the issuance of a new U.S. general license facilitating oil and gas exploration and production. During his meetings, Wright explicitly warned about the legitimacy of business deals involving companies from China 
CN, reflecting a broader push by the Trump administration and Donald Trump to secure American interests in the region.
US in the oil, gas, and power sectors of Venezuela VE. This visit represents the highest-level U.S. energy-focused engagement with Venezuela in nearly three decades and coincides with the issuance of a new U.S. general license facilitating oil and gas exploration and production. During his meetings, Wright explicitly warned about the legitimacy of business deals involving companies from China CN, reflecting a broader push by the Trump administration and Donald Trump to secure American interests in the region.
