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politics9h ago

Trump threatens to sideline Exxon from Venezuela's oil: 'They're playing too cute’

https://www.cnbc.com/2026/01/12/oil-trump-venezuela-exxon-mobil-darren-woods.htmlhttps://www.theguardian.com/us-news/2026/jan/12/donald-trump-threatens-block-exxonmobil-venezuelahttps://www.thetimes.com/business/energy/article/trump-may-exclude-exxon-from-venezuela-reconstruction-plan-bdxhh3bcp
Cnbc.com and 3 more
Trump threatens to sideline Exxon from Venezuela's oil: 'They're playing too cute’ Open in Cnbc.com
Highlights
  • Trump signals a hardening stance on Venezuela oil investments by suggesting Exxon could be sidelined after a meeting with officials, aligning with broader sanctions strategy.
  • ExxonMobil has faced investor guidance that Venezuela’s current legal and commercial frameworks render investments unviable, underscoring entry barriers.
  • Darren Woods warned that past asset seizures in Venezuela mean re-entry would require significant protections and policy changes.

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References

Trump threatens to block ExxonMobil from Venezuela after CEO calls country ‘uninvestable’

https://www.theguardian.com/us-news/2026/jan/12/donald-trump-threatens-block-exxonmobil-venezuelaTheguardian.com
Trump threatens to block ExxonMobil from Venezuela after CEO calls country ‘uninvestable’

Trump may exclude Exxon from Venezuela reconstruction plan

https://www.thetimes.com/business/energy/article/trump-may-exclude-exxon-from-venezuela-reconstruction-plan-bdxhh3bcpThetimes.com
Trump may exclude Exxon from Venezuela reconstruction plan

Trump 'inclined' to keep ExxonMobil out of Venezuela after CEO response at White House meeting

https://apnews.com/article/venezuela-us-oil-trump-exxon-137a77039675e6483a75673f02138d0fApnews.com
Trump 'inclined' to keep ExxonMobil out of Venezuela after CEO response at White House meeting

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businessworldpoliticsdonald trumpvenezuela

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