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'Venezuela is uninvestable,' ExxonMobil CEO tells Trump to his face
short by Ankush Verma / on Saturday, 10 January, 2026
During a meeting with Donald Trump at the White House, ExxonMobil CEO Darren Woods told the US President to his face that "Venezuela is uninvestable". "Significant changes have to be made to commercial frameworks, legal system. There has to be durable investment protections, and there has to be a change to the hydrocarbon laws in the country," Woods said.