2026-01-12 05:25:39

During a recent White House energy meeting, things did not go as planned. ExxonMobil and two other oil giants straightforwardly stated: Venezuela is not worth it; we're not interested.

The conditions they proposed sounded very direct — an initial investment of $100 billion in the first phase to boost oil production capacity. Then, an additional $50 billion in the second phase, mainly for transportation and refining. The entire investment payback period is estimated to be around 15 years.

Ultimately, this proposal did not succeed. Negotiations between both sides reached a deadlock, and each returned to their respective positions. From a corporate perspective, the considerations of the oil giants are understandable — geopolitical risks, policy uncertainties, and the long payback cycle are real challenges. This also reflects the practical difficulties faced by global energy industry investments.

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OnlyOnMainnet

· 2h ago

1. Investing 150 billion and only breaking even after 15 years? Oil giants are not charities, who’s calculating these numbers and being the fool? 2. Venezuela is now a high-risk zone, who dares to bet on policy directions? 3. Energy geopolitical issues are a bit complicated... but to put it simply, making money is hard. 4. Geopolitics + policies + a 15-year cycle, triple threat, if it were me, I’d pass too. 5. What oil giants care about is not ideals, but how to ensure stable returns. 6. This is the real logic of capital;利益永远是第一位 (profits always come first). 7. It’s not surprising that the Venezuela investment case is cooling off; the risks are too high. 8. Wait a minute, could it be a game of strategy, and can they still continue negotiations?

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PanicSeller

· 01-12 05:52

150 billion invested to break even in 15 years? Or Venezuela? The oil giant's mind isn't broken Don't even want to look at the second mortgage, geopolitical risks can disappear in minutes It's really not about money; this chess game can't be played at all Energy geopolitics has long been more than just a commercial game Venezuela's energy dream will have to wait again, huh

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ApeEscapeArtist

· 01-12 05:51

150 billion invested to break even in 15 years? Oil giants are not charities, if it were me, I would also refuse --- Investing in Venezuela right now, whether you can come out alive is a different matter... No wonder no one wants to take on this hot potato --- The White House is overestimating, do they really think capitalists are fools? The geopolitical risk hurdle is insurmountable --- So, in the game of great powers, it's still the resource-rich countries that suffer. No one wants to play a high-risk game --- A 15-year payback period makes me laugh. What kind of clueless CEO would agree to that? --- The investment in the energy industry is like this now; with policy changes, everything resets. Who dares to touch this minefield

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LiquidationTherapist

· 01-12 05:49

It takes 15 years to break even with a 150 billion investment. If I were ExxonMobil, I would say it's not worth playing; the risks are damn high. Who dares to jump into this Venezuela pit? Geopolitical tensions + currency collapse + unstable regimes— isn't this just gambling? That being said, this is exactly why energy transition is so important. The oil game is becoming less and less profitable. Large corporations are still calculating a 15-year return cycle, but on the crypto side, we've already gone all in for the future haha. What is the White House thinking? Forcing oil giants to get involved— they’re not fools. The collapse of these talks is actually quite good; in a way, it indicates that traditional energy financing has already started to tear apart. A 15-year return cycle? Wake up, everyone. The world is changing too fast.

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StillBuyingTheDip

· 01-12 05:42

$150 billion invested and it will take another 15 years to break even. Who the hell would dare to invest? It's like gambling. Investing in Venezuela right now, are you out of your mind? Geopolitical risks can directly eat into your profits. The White House is overestimating. Do they really think oil giants are charities? That's why I still favor on-chain energy futures. At least they are much more transparent.

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CryptoMotivator

· 01-12 05:38

15 years to break even? Bro, this isn't investing, it's gambling, and you still have to bet on the stability of the Venezuelan political situation. The oil guys aren't that foolish.

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