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Why some U.S. oil companies aren't interested in returning to Venezuela

By Kai McNamee,
Ailsa Chang, John Ketchum
Published December 23, 2025 at 2:55 PM MST

The Trump administration says it wants U.S. oil companies to return to Venezuela, but some don't desire to re-invest. Why would oil companies be against returning to a country with large oil reserves?

Copyright 2025 NPR
Kai McNamee
[Copyright 2024 NPR]
Ailsa Chang
Ailsa Chang is an award-winning journalist who hosts All Things Considered along with Ari Shapiro, Audie Cornish, and Mary Louise Kelly. She landed in public radio after practicing law for a few years.
See stories by Ailsa Chang
John Ketchum
John Ketchum is a senior editor for All Things Considered. Before coming to NPR, he worked at the New York Times where he was a staff editor for The Daily. Before joining the New York Times, he worked at The American Journalism Project, where he launched local newsrooms in communities across the country.