Warren Buffett's Berkshire Hathaway owns about 6% of Chevron, the only US oil major currently operating in Venezuela.

Oil major Chevron Corp , global trading houses Vitol and Trafigura, and other firms are competing for U.S. government deals to export crude oil from Venezuela, according to sources familiar with the matter.

Some of the top oil companies in America will be at the meeting, including Chevron, ExxonMobil, ConocoPhillips and Shell.

Chevron stock and other oil companies were soaring early Monday even as crude prices were only up around 1% following the surprise U.S. operation to capture Venezuelan President Nicolás Maduro.

President Donald Trump has invited U.S. oil companies to a meeting at the White House on Friday, which is expected to begin at 2:30 p.m. Eastern time.

Shell Plc signed a deal to acquire a 35% stake in two oil blocks offshore Angola from Chevron Corp.’s subsidiary in the southern African nation, the London-based energy giant said Tuesday.

Chevron ( CVX 0.79%) is lining up with private equity group Quantum Energy in a bid for sanctioned Russian oil company Lukoil's international assets, the Financial Times reports. Lukoil said last year it would sell its non-Russian operations.

Energy Secretary Christopher Wright reveals how American oil giants plan to help rebuild Venezuela's industry after decades of socialist mismanagement and economic collapse.