Financial Times reports Trump appointees, campaign donors and recent departures are moving to profit from Venezuela’s troubled oil sector. Two people said Houston-based producer Sable Offshore is in advanced talks with the Venezuelan government to si

2026-09-04

Financial Times reports Trump appointees, campaign donors and recent departures are moving to profit from Venezuela’s troubled oil sector. Two people said Houston-based producer Sable Offshore is in advanced talks with the Venezuelan government to sign an oilfield development contract, and a small number of other firms are in similar high-level negotiations. Sable’s VP for policy and commercial affairs, Brittany Kelm, was in the Trump administration until last month. Energy firm Primavera signed an oilfield development agreement on Wednesday; co-founder Fred Ehrsam donated $1.0m to Trump’s 2025 inauguration fund.