Exxon calls Venezuela uninvestable as Trump pushes $100B energy plan
ExxonMobilExxonMobil(US:XOM) Invezz·2026-01-12 04:14

Core Viewpoint - President Donald Trump announced that US companies are expected to invest at least $100 billion to rebuild Venezuela's energy sector, contingent on American security guarantees. However, major oil executives have not committed to a swift return to the region during their meeting with the President [1] Group 1 - US companies are projected to invest a minimum of $100 billion in Venezuela's energy sector [1] - The investment is linked to American security guarantees [1] - Major oil executives have refrained from making commitments for a quick return to Venezuela [1]