Proposed entity site — no entity has been formed, registered, licensed or authorized.
Guri Reservoir, BolivarInformation Center
Venezuela Oil Questions
Common questions about Venezuelan heavy crude, sanctions, and the actual status of this proposed entity — answered without spin.
Answers
Questions we are asked most
- What is Trump Oil Venezuela?
- It is a proposed, unformed operating entity concept associated with Trump Oil, an independent private company based in West Palm Beach, Florida. Nothing has been formed, registered, licensed, contracted or funded. Everything described on this site is conceptual.
- Is this connected to Donald J. Trump or any government?
- No. This is a private, independent concept with no affiliation, endorsement, sponsorship, partnership or business relationship with Donald J. Trump, the Trump family, the Trump Organization, the United States government or the Government of Venezuela. 'Trump' appears only as a proposed company name, and name-clearance counsel is part of the checklist.
- Why is Venezuelan oil described as heavy?
- Venezuela's largest resources sit in the Orinoco belt and are extra-heavy and viscous, with low API gravity and elevated sulphur and metals. That crude generally cannot be moved without dilution, heating or upgrading, which is why projects there are capital intensive.
- Does this entity hold any oil rights, allocation or licence?
- No. There is no crude allocation, no concession, no joint-venture interest, no OFAC licence, no Venezuelan approval, no offtake agreement, no reserves and no production.
- How do U.S. sanctions affect Venezuela oil activity?
- Venezuelan petroleum dealings sit inside a U.S. sanctions framework administered by the Office of Foreign Assets Control. Depending on the counterparty and activity, transactions may be prohibited, may require a specific licence, or may be allowed only under conditions. Policy changes over time, so nothing here should be read as a statement of what is currently permitted.
- Is this an investment opportunity?
- No. This site is informational only. It is not an offer to sell, or a solicitation of an offer to buy, any security or interest, and no offer is made or accepted through it. Enquiries are handled as requests for information only.
- Are there any projections, jobs or production numbers?
- None are published, because none exist. No capacity, throughput, revenue, employment, timeline or reserve figure has been established. Any such number attributed to this concept elsewhere should be treated as unauthorized.
- What would have to happen before anything real begins?
- Entity formation and registration by counsel, U.S. sanctions review and any required authorization, Venezuelan legal review and approvals, anti-corruption and screening controls, environmental review and permits, engineering studies, insurance capacity, committed financing, and binding agreements.