President Trump urges U.S. oil companies to invest $100 billion in Venezuela, but ExxonMobil's CEO claims the country remains 'uninvestable' without major legal reforms.
President Trump is calling for $100 billion in investments from major oil companies into Venezuela. While smaller businesses show interest, major players like Exxon and ConocoPhillips remain hesitant. Will they take the plunge?
In a bold move, Trump suggests that US taxpayers could reimburse energy companies for repairing Venezuela's oil infrastructure, aiming to boost production post-Maduro. With key meetings ahead, the future of Venezuela's oil industry hangs in the balance.