Donald Trump has said he might block ExxonMobil from investing in Venezuela after the oil company’s chief executive called the country “uninvestable” during a White House meeting last week.
Darren Woods told the US president that Venezuela would need to change its laws before it could be an attractive investment opportunity, during the high-profile meeting on Friday with at least 17 other oil executives.
Woods’ sceptical remarks quickly emerged as the dominant headline, undercutting the White House’s hopes of building momentum from its engagement with the world’s most prominent oil executives.
"I didn’t like Exxon’s response,” Trump told reporters on Air Force One on his way back to Washington on Sunday. “I’ll probably be inclined to keep Exxon out. I didn’t like their response. They’re playing too cute.”
Exxon did not immediately respond to a request for comment.
Regime change costs money and blood. It would be so funny for oil companies to send a bunch of people down there only for them to get merced
They should send their CEOs to scout it out. I hear there’s oil deeeeeep in the woods