Chris Wright

Oil and gas companies operate all around the world in all different settings.

They're well-versed in those challenges.

greenland howard letnick spoke with bloomberg surveillance from the world economic forum energy secretary chris wright says european allies need not worry i think the rhetoric or the speculation was so over the top it's going to be the end of nato the u.s military is going to invade greenland these these these were never on the table secretary

I'll go down to meet with government officials and look at the existing oil facilities down there.

We will definitely see a number of American oil and gas companies going down as well and investigating opportunities on the ground.

So he's here to strengthen NATO, increase the security we have against the foes that are rising in the world.

Yes, he has a different negotiating style and he gets different results.

I think the rhetoric or the speculation was so over the top.

It's going to be the end of NATO.

The U.S.

military is going to invade Greenland.

These were never on the table.

I'll go down to meet with government officials and look at the existing oil facilities down there.

We will definitely see a number of American oil and gas companies going down as well and investigating opportunities on the ground.

Today, we are running the sale of their crudes.

We have a quarantine around their ability to ship oil outside of Venezuela.

All of that goes through American crude marketers, and then that crude goes out into the market.

We collect those funds and bring them back to Venezuela to better the lives of Americans and Venezuelans.

In the long run, what will happen with Venezuelan oil resources?

Yeah, of course, quite likely you'll see American companies expanded presence there.