--- title: "Trump promotes a $100 billion Venezuela plan, oil giants respond lukewarmly" description: "U.S. President Trump is pushing for a plan of at least $100 billion to restore Venezuela's oil production, but major oil executives have shown a cautious attitude during meetings with him. Trump state" type: "news" locale: "en" url: "https://longbridge.com/en/news/272127731.md" published_at: "2026-01-09T22:11:52.000Z" --- # Trump promotes a $100 billion Venezuela plan, oil giants respond lukewarmly > U.S. President Trump is pushing for a plan of at least $100 billion to restore Venezuela's oil production, but major oil executives have shown a cautious attitude during meetings with him. Trump stated that if they are unwilling to participate, there are other companies ready to take their place Despite pressure from U.S. President Trump to invest at least $100 billion to restore Venezuela's oil production, major U.S. oil executives expressed caution about returning to Venezuela during their meeting with him. "If you don't want to go in, just tell me, because there are 25 people who weren't here today willing to take your place," Trump told the oil representatives on Friday ### Related Stocks - [DJT.US - Trump Media & Tech](https://longbridge.com/en/quote/DJT.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Board of Peace members have pledged more than $5 billion for Gaza, Trump says | Feb 15 (Reuters) - U.S. President Donald Trump said he will announce on Thursday that Board of Peace member states have | [Link](https://longbridge.com/en/news/276009161.md) | | U.S. judge rejects BBC's stay application in Trump defamation case | A U.S. judge has denied the BBC's request to delay the discovery phase in Donald Trump's $10 billion defamation lawsuit | [Link](https://longbridge.com/en/news/275768178.md) | | US issues license authorizing transactions related to oil or gas sector operations in Venezuela of certain entities - Treasury Dept website | US issues license authorizing transactions related to oil or gas sector operations in Venezuela of certain entities - Tr | [Link](https://longbridge.com/en/news/275920514.md) | | Oil producer Maurel & Prom welcomes easing of US sanctions in Venezuela | French oil producer Maurel & Prom has welcomed the easing of U.S. sanctions in Venezuela, which allows companies to resu | [Link](https://longbridge.com/en/news/276037847.md) | | Trump says US, Cuba are talking in midst of oil blockade | President Trump announced that the U.S. is in talks with Cuba amid an oil blockade that has severely impacted the island | [Link](https://longbridge.com/en/news/276090621.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.