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President Donald Trump called on major U.S. energy companies, traders, refiners and others who met at the White House Friday to be part of his nation-building ambitions for Venezuela, with the future of that country’s major asset, crude oil, at stake.
Trump struck an optimistic tone about the energy industry’s prospects in the country, praising Chevron
CVX for having “stuck it out” in Venezuela, telling ConocoPhillips COP Chief Executive Ryan Lance that his company could see compensation, and prompting Exxon Mobil XOM CEO Darren Woods to commit to a putting team of Exxon employees on the ground in Venezuela within weeks.
This post was originally published on Market Watch
