US energy secretary set to arrive in Venezuela with Herculean task of oil recovery [Yahoo! Finance Canada]
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Source: Yahoo! Finance Canada
HOUSTON, Feb 11 (Reuters) - Venezuela will host U.S. Secretary of Energy Chris Wright this week, marking the highest-level U.S. visit focused on energy policy to the OPEC nation ?in nearly three decades as Washington conducts its first on-the-ground assessment of the oil industry it is ?proposing to rebuild. Wright is scheduled to land in Caracas on Wednesday, a day after the U.S. issued a general license authorizing the exploration ?and production of oil and gas in Venezuela. His agenda is expected to include meetings with interim president and oil minister Delcy Rodriguez, government officials and executives from companies including Chevron and Spain's Repsol, said sources familiar with the preparations. Wright is expected to stay through Friday and to have meetings with local consumer goods companies before visiting Petropiar, the largest oil project ?Chevron and state energy company PDVSA ?operate, in Venezuela's main oil region, the Orinoco Belt. The trip follows the captu
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