conocophillipswhich left Venezuela After its assets were nationalized in 2007, there is now a plan to sell the country’s oil to the U.S. as a way to recover about $10 billion owed by Venezuela, according to people familiar with discussions between the company and Venezuelan representatives. Open to deal. ,
In preliminary talks between ConocoPhillips and national oil company Petroleos de Venezuela SA, the two sides are considering a proposal that could allow the Houston-based company to load, transport and sell Venezuelan oil in the US on behalf of PDVSA Is. The state oil company is known. The move would give ConocoPhillips an opportunity to recoup lost money in the country and help the US meet its energy needs, the people said.