Following the arrest of Nicolás Maduro, former President Donald Trump urged major oil companies to invest billions in Venezuela's infrastructure, promising "total safety" and "total security" for their investments. The proposition was made during a roundtable press conference at the White House on Friday, attended by executives from Chevron, ExxonMobil, and ConocoPhilips, among others.

Trump suggested that an investment of $100 billion could revitalize Venezuela's oil infrastructure, presenting what he described as an unprecedented opportunity for American oil companies to expand their extraction operations. While many of the executives present voiced support for the Trump administration's actions in Venezuela, analysts remain skeptical about the likelihood of substantial investment in the current climate.

The potential for U.S. oil companies to capitalize on Venezuelan oil reserves has long been a topic of discussion, but the country's political instability and history of nationalization have deterred significant foreign investment. Venezuela holds some of the world's largest proven oil reserves, but production has plummeted in recent years due to mismanagement and lack of investment.

Chevron, ExxonMobil, and ConocoPhilips have previously had significant operations in Venezuela, but their involvement has been curtailed by political and economic challenges. The promise of "total safety" from the U.S. government could potentially mitigate some of the perceived risks, but the long-term stability of the country and the security of investments remain major concerns.

The future of Venezuela's oil industry hinges on the establishment of a stable political environment and the implementation of policies that are favorable to foreign investment. While the Trump administration's actions may create an opening for U.S. oil companies, the decision to invest billions of dollars will ultimately depend on a careful assessment of the risks and rewards.