Why Big Oil wants no part of Trump-seized Venezuela

by | Feb 19, 2026 | Asia

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After the US captured Venezuela’s president at the start of 2026, Donald Trump promised to “unleash” the country’s oil supply. He wanted companies to invest US$100 billion to get hold of it. Big Oil though, seems less than keen on that idea, appearing to consider Venezuela too expensive or risky. Exxon Mobil’s unenthusiastic response, describing […]

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Written by Albert Pham, News Curator and Blogger

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