Oil Companies Want Back in Venezuela, Burgum Says (Video)

Jan. 9, 2026, 2:31 PM UTC

WATCH: Interior Secretary Doug Burgum says the Trump administration is unlikely to subsidize oil companies’ efforts in Venezuela. Source: Bloomberg

Interior Secretary Doug Burgum says US oil companies are very interested in revitalizing Venezuela’s oil sector. But he says the Trump administration is unlikely to subsidize their efforts.

To contact the editor responsible for this story:
Michael Smith at msmith251@bloomberg.net

© 2026 Bloomberg L.P. All rights reserved. Used with permission.

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