New Delhi, Jan. 11 -- Leading oil corporation executives have told US President Donald Trump that investing in Venezuela would require significant reforms. In a meeting on Friday, the oil executives expressed caution about the President's push to push for them to spend at least $100 billion to rebuild Venezuela.
The executives, including the head of Exxon Mobil Corp, seemed to be cautious about such a move during the meeting where Trump convened nearly 20 industry representatives in the East Room of the White House and urged them to reinvigorate operations in the oil-rich country.
But Exxon Chief Executive Officer Darren Woods had one of the strongest reservations about the proposal, calling Venezuela 'uninvestable'.
Here is why he sai...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.