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The Guardian - US
The Guardian - US
World
Lauren Aratani in New York

Trump promises oil companies ‘total safety’ in Venezuela as he urges them to invest billions

a man in a suit speaks while leaning forward at a table
Donald Trump speaks during a meeting with oil industry executives at the White House on Friday. Photograph: Evelyn Hockstein/Reuters

Donald Trump promised oil giants “total safety, total security” in Venezuela in an effort to persuade them to invest $100bn in the country’s infrastructure after US forces toppled Nicolás Maduro from power.

At a roundtable press conference at the White House on Friday afternoon with more than a dozen oil executives, including leaders from Chevron, ExxonMobil and ConocoPhilips, the US president doubled down on claims that Maduro’s arrest presents American oil companies with an unprecedented opportunity for extraction.

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