Former Chevron executive seeks $2bn for Venezuelan oil projects: Report

A former top executive of the oil giant Ali Moshiri is raising $2bn for Venezuelan oil projects after the US abducted Maduro and Trump said Washington would take control of the oil-producing nation, according to the UK newspaper Financial Times. Moshiri’s investment fund, Amos Global Energy Management, has identified multiple Venezuelan assets and was talking to institutional investors about a private placement to kick-start investment, he told the FT. “I’ve had a dozen calls over the past 24 hours from potential investors. Interest in Venezuela has gone from zero to 99 percent,” he addee.