Darren Woods, chairman and chief executive officer Exxon Mobil Corp., during a meeting with oil executives in the East Room of the White House in Washington, DC, US, on Friday, Jan. 9, 2026. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump threatened to sideline Exxon Mobil from Venezuela’s energy market, saying he didn’t … Read more
U.S. President Donald Trump takes questions from members of the media during a meeting with oil and gas executives in the East Room of the White House on Jan. 9, 2026 in Washington, DC. Alex Wong | Getty Images U.S. President Donald Trump on Friday signed an executive order that aims to block the seizure … Read more
President Donald Trump is meeting Friday afternoon with more than a dozen oil companies at the White House to discuss plans for investment in Venezuela, less than a week after the U.S. ousted President Nicolas Maduro. The CEOs of Exxon, ConocoPhillips, Shell and a representative from Chevron are attending, sources told CNBC’s Brian Sullivan. Representatives … Read more
An oil tanker is docked at a pier at the El Palito refinery of the state oil company PDVSA. Jesus Vargas | Picture Alliance | Getty Images President Donald Trump said Tuesday evening that the interim authorities in Venezuela will be turning over between 30 million to 50 million barrels of oil to the United … Read more
The future of Venezuela remains unclear after the U.S. launched a ground attack and ousted President Nicolas Maduro over the weekend. But amid the uncertainty, some investors see the potential for lucrative, long-term opportunities in the South American nation that has long been closed to much international business. At least Charles Myers, chairman of the … Read more