The Globe and Mail reports in its Saturday, Jan. 10, edition that U.S. President Donald Trump is urging major U.S. and European oil companies to invest at least $100-billion (U.S.) in Venezuela. A New York Times dispatch to The Globe reports that it remains, however, uncertain whether these companies will commit to this investment following their meeting with him at the White House. Smaller businesses are eager to expand oil production in Venezuela. Oil giants like Exxon Mobil and ConocoPhillips, despite having the resources to boost Venezuela's oil production, have privately raised concerns about investing significantly in the country. After Mr. Trump promised $100-billion (U.S.) in investments from Big Oil, two sources stated they were unaware of any such commitment. Exxon chief executive officer Darren Woods was especially blunt during a televised portion of the meeting. He said: "We've had our assets seized there twice, and so you can imagine to re-enter a third time would require some pretty significant changes. Today it's uninvestable." For the company to return to Venezuela, legal changes would have to be made, and there would need to be "durable investment protections," Mr. Woods said.