#energy-reform

#energy-reform

The decision comes less than a month after the US launched a military attack and kidnapped the country's then-President Nicolas Maduro. Washington has since put pressure on Caracas for access to its oil sector. President Donald Trump's administration is pursuing an ambitious $100 billion reconstruction plan for Venezuela's oil industry, and intends to manage the oil sales "indefinitely." It has also been pressing US oil executives to invest in Venezuela, but they have so far been reluctant to commit.