By : Jamie Redman
Publisher : news
Date : January 12, 2026

Trump Presses US Oil Expansion Into Venezuela, Signals Exxon Exclusion

President Donald Trump is pressing major U.S. oil companies to invest billions in Venezuela’s battered energy sector, but his enthusiasm cooled quickly after Exxon Mobil’s CEO dismissed the country as “uninvestable.” Trump Pitches Venezuela Oil Revival Venezuela reportedly holds the world’s largest officially recognized oil reserves, yet its production capacity has withered after years of […]

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