President Donald Trump will be leading a meeting with oil executives on Friday at 2:30 p.m. at the White House to discuss their operations in Venezuela.
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Following the Trump administration’s capture of former Venezuelan dictator Nicolas Maduro, Trump called on American oil companies to expand their operations into the South American country. Trump also struck a deal with the country’s acting president, Delcy Rodriguez, to bring up to 50 million barrels of Venezuelan crude oil to the United States.
Trump will be joined by Secretary of State Marco Rubio, Energy Secretary Chris Wright, and Interior Secretary Doug Burgum to welcome executives from over a dozen Big Oil companies, including Exxon, Chevron, ConocoPhillips, Valero, and Shell.