During a recent meeting with oil executives at the White House, Donald Trump was seen wearing a badge featuring a cartoon version of himself. The US president urged the executives to quickly invest in Venezuela, aiming to secure $100 billion in investments to boost the country’s oil industry, following the recent capture of former Venezuelan leader Nicolás Maduro.
Trump assured the executives of their safety if they choose to invest in Venezuela, emphasizing direct dealings with the US instead of Venezuela. He highlighted that major oil companies would be investing $100 billion of their own funds, with the need for government protection rather than financial support.
The meeting at the White House, which included representatives from 17 oil companies such as Chevron, ExxonMobil, and ConocoPhillips, centered on discussions about the future of Venezuela’s oil industry. Trump underscored the importance of reducing oil prices for American consumers and halting the influx of drugs and criminals into the country.
Various changes were suggested by industry leaders, including ExxonMobil’s CEO, Darren Woods, who highlighted the need for significant alterations to the legal and commercial frameworks in Venezuela to make it an attractive investment destination. Companies like Halliburton, Valero, and Shell were also part of the discussions, reflecting a broad spectrum of domestic and international interests in Venezuela’s oil sector.
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