Xin Hua She·2026-01-10 04:39Core Viewpoint - The meeting between President Trump and executives from major oil companies aimed to discuss potential investments in Venezuela's oil industry, but executives expressed caution regarding future investments due to the current legal and business environment in the country [1] Group 1: Company Perspectives - ExxonMobil's CEO Darren W. Woods stated that Venezuela is currently "not investable" unless there are significant changes in the country's legal and business framework [1] - ConocoPhillips CEO Ryan Lance emphasized the need to discuss a "restructuring" of Venezuela's entire energy system, noting that the company has previously incurred losses of $12 billion in the country [1] - Chevron is the only major U.S. oil company still operating in Venezuela's oil fields, with Vice Chairman Mark Nelson indicating that while there is potential to increase production in the short term, there are no commitments for further investment [1]