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Exxon CEO: If you look at the commercial constructs, frameworks in place in Venezuela today, it's uninvestable. Significant changes have to be made to these frameworks, the legal system. There has to be durable investment protections and change to the hydrocarbon laws.

Acyn

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2,000,910 views • 7 months ago •via X (Twitter)

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Exxon Mobil CEO Darren Woods said that in considering a potential return to Venezuela, the company applies its long-term lens, with investments that must be “decades-deep” and deliver a “win-win-win” for Exxon, the government, and the population. But citing Exxon’s history in Venezuela where its assets were seized twice, and the country’s current legal and commercial framework, Woods said Exxon cannot determine that its presence would be a “win” for the company and its shareholders. Under current conditions, he said, Venezuela is “uninvestable.” He said he could not offer a view at this time on whether Exxon’s return would benefit the Venezuelan people or the government, but stressed that “it has to be a win for the people. We have to be wanted there,” adding that those conditions are necessary for stable, long-term investment. He said Venezuela would need major changes to its hydrocarbon laws and durable investment protections, though he added that he was “confident” that with cooperation between the current U.S. administration and Venezuelan authorities, such changes are attainable. In the near term, Exxon plans to deploy a technical team within weeks to assess the state of the industry and explore how to help restart oil production.

Exxon Mobil CEO Darren Woods said that in considering a potential return to Venezuela, the company applies its long-term lens, with investments that must be “decades-deep” and deliver a “win-win-win” for Exxon, the government, and the population. But citing Exxon’s history in Venezuela where its assets were seized twice, and the country’s current legal and commercial framework, Woods said Exxon cannot determine that its presence would be a “win” for the company and its shareholders. Under current conditions, he said, Venezuela is “uninvestable.” He said he could not offer a view at this time on whether Exxon’s return would benefit the Venezuelan people or the government, but stressed that “it has to be a win for the people. We have to be wanted there,” adding that those conditions are necessary for stable, long-term investment. He said Venezuela would need major changes to its hydrocarbon laws and durable investment protections, though he added that he was “confident” that with cooperation between the current U.S. administration and Venezuelan authorities, such changes are attainable. In the near term, Exxon plans to deploy a technical team within weeks to assess the state of the industry and explore how to help restart oil production.

Drop Site

26,956 views • 7 months ago

Hassan Ali Joho: If you approve me, I want to be a CS who listens, involves stakeholders, makes the right policy decisions, creates legal frameworks that are responsive to the demands of the moment and attractive to investment

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17,831 views • 2 years ago

BREAKING: ExxonMobil CEO Darren Woods just spoke truth to power: 'We’re in a depletion business... the biggest challenge is finding resources. There’s an opportunity in Venezuela with all the resources there.' Exxon has a 'very long history in Venezuela' since 1940, but 'today its uninvestable' without major changes. 'We’re confident that with this administration and President Trump working hand and hand... those changes can be put in place.' Trump is more than ready to send a technical team ASAP with security guarantees! This is smart, long-term American energy leadership WINNING!

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Gunther Eagleman™

604,342 views • 7 months ago

The chief executive of oil company ExxonMobil says Venezuela is currently "uninvestable" as he calls for "significant changes" to the country's legal system at a White House meeting with Donald Trump and other oil executives. 📺 Sky 501

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Sky News

444,455 views • 7 months ago

As you level up, you have to be able to navigate ambiguity. The best way to do that is to develop frameworks and conceptual models to aid you in finding clarity:

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joshpuckett

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Reporter: In order to get these oil companies to invest billions in Venezuela, how will the U.S. reassure that their workers will be safe in Venezuela? Could there be troops involved? Leavitt: The president, of course, reserves the right to use the military if necessary.

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Acyn

39,249 views • 7 months ago

Trump’s reality check on Venezuela oil: He rolled out the red carpet for Big Oil at the White House, bragged about reviving Venezuela’s oil and pushing for $100 billion in U.S. investment. Exxon’s chief flat-out called Venezuela “uninvestable” without massive legal and commercial changes.

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976,590 views • 7 months ago

🚨 ‼️ Very Important fact! The Chemist Germar Rudolf, whose scientific report proved that the “gas Chambers” at Auschwitz did not exhibit chemical evidence of mass Gassings, was prosecuted for legal speech he made in America. In other words, if you deny the official Holocaust story in America, and if you travel to Germany, you can be prosecuted there for legal speech you made here. Be careful where you travel, and be cautious of the Twitter location update. X will have to follow the laws of the country it operates in…

🚨 ‼️ Very Important fact! The Chemist Germar Rudolf, whose scientific report proved that the “gas Chambers” at Auschwitz did not exhibit chemical evidence of mass Gassings, was prosecuted for legal speech he made in America. In other words, if you deny the official Holocaust story in America, and if you travel to Germany, you can be prosecuted there for legal speech you made here. Be careful where you travel, and be cautious of the Twitter location update. X will have to follow the laws of the country it operates in…

Uncommon Sense

206,312 views • 8 months ago

Elon Musk: It's not up to 𝕏 to push for free speech in countries that don't have free speech laws. It's up to the people in these countries. “Our policy at this point is to follow the law. Now, the laws are obviously different in different countries. So, sometimes I get criticized for, why don't I push free speech in XYZ country that doesn't have free speech laws? I'm like, because that's not the law there. And if we don't obey the law, we'll simply be blocked in that country. So, the policy is really just to adhere to the laws in any given country. It is not up to us to agree or disagree with those laws. And if the people of that country want laws to be different, then they should, you know, ask their leaders to change the laws.” From: All-In Podcast, October 31, 2025

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ELON CLIPS

40,898 views • 8 months ago

Elon Musk: 𝕏 is simply trying to adhere to the law. If the people in a country want the laws to be different, they should make the laws different. "What we're trying to do is simply adhere to the laws in a country. If something is illegal in the United States, or if it's illegal in Europe or Brazil or wherever it might be, then we will take it down, and we'll suspend the account because we're not there to make the laws. But if speech is not illegal, then what are we doing? Now we're injecting ourselves in as a censor. And where does it stop? And who decides? Where does that path lead? I think it leads to a bad place. So, if the people in a country want the laws to be different, they should make the laws different. But otherwise, we're going to obey the law in each jurisdiction. That's it. It's not more complicated than that. We're not trying to flout the law. We're trying to adhere to the law. And if the laws change, we will change. And if the laws don't change, we won't. We're just literally trying to adhere to the law." From: The All-In Podcast, September 9, 2024

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ELON CLIPS

5,539,295 views • 1 year ago

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#WATCH | #Washington, #DC: On the issue of minorities in #India EAM Dr #SJaishankar says "What is the test really of fair and good governance or of the balance of a society? It would be whether in terms of the amenities, the benefits, the access, the rights, do you discriminate or not and in every society in the world, at some point, there's been some discrimination on some basis. If you look at India today, it's a society today where there is a tremendous change taking place, the biggest change happening today in India is the creation of a social welfare system in a society which has less than $3,000 per capita income. Nobody has done that in the world before...Now, when you look at the benefits of that, you look at housing, you look at health, you look at food, you look at finance, you look at educational access, health access. I defy you to show me discrimination. In fact, the more digital we have become, the more faceless the governance has become. Actually, it's become fairer..."

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The Times Of India

1,791,539 views • 2 years ago

Kaine: 92 days into a war against Iran. and the administration will not let Congress look at the OLC legal opinion justifying the war. If you showed us the legal rationale for two wars and you won't show us the legal rationale for the third, is there something in the rationale they don't want us to see? Is there a dissenting opinion that says it's not legal? Are there conditions like you can't strike civilian infrastructure like schools and bridges? Are there factual assertions like the war will be over in 2 days or Iran will never close the Straits of Hormuz

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Acyn

29,226 views • 2 months ago

Jennings: It's pretty clear there is concern that these two guys have used their positions and their public statements to try to obstruct the execution of federal laws… Phillip: Can you give me an example? Jennings: I think they've both made numerous public statements that have made it perfectly clear that they do not want federal laws to be enforced in Minnesota Phillip: Such as? Jennings: They flatly said they don't want ICE there enforcing federal immigration laws. Phillip: If they’re going to pursue criminal charges— Jennings: That’s not what’s been reported Phillip: What’s the subpoena for? Jennings: It’s a preliminary investigation Phillip: It’s an investigation to bring charges Jennings: To find out if charges are warranted.

Jennings: It's pretty clear there is concern that these two guys have used their positions and their public statements to try to obstruct the execution of federal laws… Phillip: Can you give me an example? Jennings: I think they've both made numerous public statements that have made it perfectly clear that they do not want federal laws to be enforced in Minnesota Phillip: Such as? Jennings: They flatly said they don't want ICE there enforcing federal immigration laws. Phillip: If they’re going to pursue criminal charges— Jennings: That’s not what’s been reported Phillip: What’s the subpoena for? Jennings: It’s a preliminary investigation Phillip: It’s an investigation to bring charges Jennings: To find out if charges are warranted.

Acyn

94,146 views • 7 months ago

Hannity: Sources are telling me that some Republicans have been in contact with and has started an effort to draft former Trump to be the next speaker and I have been told that Trump might be open to helping the Republican party at least in the short term if necessary.

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Acyn

5,041,938 views • 2 years ago