Energy & Environment — Trump may exclude Exxon

View Online Energy & Environment Energy & Environment The Big Story  Trump may exclude Exxon from Venezuela deal President Trump said on Sunday that he is inclined to keep oil giant ExxonMobil out of deals regarding Venezuela following the CEO's skeptical response to future investment in the South American country.  © AP Photo/Alex Brandon "I'd probably be inclined to keep Exxon out," Trump told reporters on Air Force One en route to Washington, D.C.    "I didn't like their response. They're playing too cute," he added.    Trump's comments come after he hosted Exxon and a number of other major oil firms at the White House on Friday to discuss a deal in which oil companies drill in Venezuela following the U.S. operation to oust the country's former leader, Nicolás Maduro.    While some firms present at the meeting expressed their interest in investing in the South American country, Exxon CEO Darren Woods expressed skepticism.    Woods said he believes that Venezuela is currently "uninvestable" and major changes have to be made to the country's commercial framework and legal system.   However, Woods did not rule out Exxon becoming involved in the country down the line, saying the oil firm would like to assess the situation on the ground.    "We think it's absolutely critical in the short term that we get a technical team in place to assess the current state of the industry and the assets to understand what would be involved," he said.    Read more here, from The Hill's Julia Manchester. Welcome to The Hill's Energy & Environment newsletter, I'm Rachel Frazin — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. Did someone forward you this newsletter? Subscribe here. Essential Reads  How policy will affect the energy and environment sectors now and in the future: Judge allows offshore wind farm to keep building after Trump tries again to halt it A federal judge on Monday temporarily allowed an offshore wind farm to keep building after yet another attempt by the Trump administration to halt it.  Full Story Court rules against cancellation of some green grants in blue states A federal court is ordering the Trump administration to reinstate funding for seven green projects after they alleged they were treated unfairly because they were mostly located in blue states.  Full Story What We're Reading  News we've flagged from other outlets touching on energy issues, the environment and other topics: E.P.A. to Stop Considering Lives Saved When Setting Rules on Air Pollution (The New York Times) U.S. Supreme Court hears arguments in landmark Louisiana coastal case (Nola.com) On Tap  Upcoming news themes and events we're watching: The House Energy and Commerce Committee will hold a hearing on physical and cyber threats to energy infrastructure.  The House Natural Resources Commitee will hold a hearing on hunting and fishing access.  What Others are Reading  Two key stories on The Hill right now: Murphy says US annexation of Greenland 'would be the end of NATO' Sen. Chris Murphy (D-Conn.) said Sunday that the U.S. moving to take Greenland by force would mark the end of NATO. Read more Supreme Court could dramatically alter US election landscape The Supreme Court could reshape U.S. elections for years to come as it hears a number of cases with implications for the country's political landscape.  Read more   You're all caught up. See you tomorrow!  Check out The Hill's Energy & Environment page for the latest coverage. Like this newsletter? Take a moment to view our other topical products here 📩 Privacy Policy  |  Manage Subscriptions  |  Unsubscribe  400 N Capitol Street NW Suite 650, Washington, DC 20001 Copyright © 1998 - 2026 Nexstar Media Inc. | All Rights Reserved.

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