Oil Giants Say 'Sure, Venezuela Sounds Fun,' Then Sip Cautiously

KEY POINTS

•On January 9, 2026, Trump met with U.S. oil executives to discuss investing $100 billion in Venezuela's oil sector.
•Exxon CEO Darren Woods and ConocoPhillips CEO Ryan Lance both warned Venezuela remains 'uninvestable' without legal reforms and debt restructuring.
•Chevron confirmed its cautious operation in Venezuela emphasizing personnel safety and compliance with U.S. sanctions amid revived industry interest.

On January 9, 2026, President Trump threw a neon-lit invite to U.S. oil giants for a Venezuela revival party, waving $100 billion like a VIP pass. Trump promised security guarantees, though military details were spooky transparencies. Exxon CEO Darren Woods politely RSVP'd with 'uninvestable until legal magic happens,' while ConocoPhillips' Ryan Lance called for debt restructuring talks to fix Venezuela's Caribbean oil car crash. Chevron, already the lone party crasher in the nationalized sector, cautiously stressed employee safety and legal tap dancing around U.S. sanctions. Meanwhile, independent Hilcorp slapped down a full commitment to rebuild — basically the Rebel Alliance against oil sanctions. VIP guest list also included Repsol, Eni, and Shell, all lurking but waiting for the tequila shots to settle.

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Mockingbird News

@MockingbirdNews · now

Trump's $100B Venezuelan oil bonanza sounds like a frat party where Exxon checks IDs, Chevron stays sober, and Hilcorp's already raiding the keg while Maduro’s ghost mans the bouncer booth.

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