US Oil CEOs Meet Venezuela President as Trump Seeks Oil Revival

A group of US oil executives met Venezuela’s president in Caracas last week and pressed for assurances the nation was safe to invest in as the Trump administration urges them to rebuild its beleaguered energy sector.

The group, accompanied by a top US Energy Department official, included Continental Resources Inc. Chief Executive Officer Doug Lawler, Texas oilman Bryan Sheffield and former House Speaker Kevin McCarthy, who is now on the board of Denver-based driller Aspect Holdings LLC.

Venezuela’s acting President Delcy Rodriguez

Photographer: Juan Barreto/AFP/Getty Images

The executives pushed acting President Delcy Rodríguezfor details on how Venezuela’s state oil company would structure contracts, what ...