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

The potential investment could reach $100 billion, according to Trump, aimed at revitalizing Venezuela's oil production capabilities. While the president framed Maduro's removal as an "unprecedented opportunity" for American oil companies, the current investment climate in Venezuela remains uncertain.

Several analysts have voiced skepticism regarding the likelihood of substantial investment from oil firms in the near term. Despite the executives expressing support for the Trump administration's actions in Venezuela, the risks associated with operating in a politically unstable environment are considerable.

Venezuela's oil industry, once a cornerstone of its economy, has suffered significantly in recent years due to mismanagement and underinvestment. The country's oil production has plummeted, impacting its revenue and overall economic stability. Major players like Chevron, ExxonMobil, and ConocoPhilips have previously had significant operations in Venezuela, but many have scaled back or suspended activities due to the challenging political and economic conditions.

The future of Venezuela's oil industry hinges on the establishment of a stable and predictable political environment. While the Trump administration's promise of security may be appealing, oil companies will likely proceed with caution, carefully assessing the risks and potential returns before committing to large-scale investments. The willingness of these companies to invest will depend heavily on the specific policies and guarantees offered by the new Venezuelan government, as well as the broader geopolitical landscape.