{"id":196378,"date":"2026-01-10T09:45:44","date_gmt":"2026-01-10T09:45:44","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/trump-news-at-a-glance-president-pitches-oil-companies-on-major-extractions-in-venezuela-the-guardian\/"},"modified":"2026-01-10T09:45:44","modified_gmt":"2026-01-10T09:45:44","slug":"trump-news-at-a-glance-president-pitches-oil-companies-on-major-extractions-in-venezuela-the-guardian","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/trump-news-at-a-glance-president-pitches-oil-companies-on-major-extractions-in-venezuela-the-guardian\/","title":{"rendered":"Trump news at a glance: president pitches oil companies on major extractions in Venezuela &#8211; The Guardian"},"content":{"rendered":"<p>\u2018We\u2019re going to be extracting numbers in terms of oil like few people have seen,\u2019 Trump said \u2013 key US politics stories from 9 January 2025<br \/>Donald Trump had a message for fossil-fuel companies on Friday: Venezuela is now \u201copen for business\u201d as the US president vowed the country\u2019s resources would be extracted for the benefit of the US, oil companies \u2013 and \u201csome\u201d money for Venezuelans.<br \/>At a roundtable press conference at the White House with more than a dozen <a href=\"https:\/\/www.theguardian.com\/business\/oil\" data-link-name=\"in body link\">oil<\/a> executives, including leaders from Chevron, ExxonMobil and ConocoPhillips, the US president doubled down on claims that Nicol\u00e1s Maduro\u2019s arrest presents American oil companies with an unprecedented opportunity for extraction.<br \/>In brief remarks, oil executives \u2013 for many, the first public statements since Maduro\u2019s capture \u2013 expressed willingness to rebuild Venezuela\u2019s oil infrastructure with the US government\u2019s reassurances. Venezuela\u2019s oil reserves are reputedly the world\u2019s largest.<br \/>History from the past two decades has shown that foreign intervention can have an impact on a country\u2019s oil output, but with <a href=\"https:\/\/www.theguardian.com\/world\/2026\/jan\/07\/trump-venezuela-oil-regime-after-maduro\" data-link-name=\"in body link\">mixed and unstable<\/a> results.<br \/>While Venezuela\u2019s oil industry experienced a boom in the late 90s and early 2000s, the then Venezuelan president, Hugo Ch\u00e1vez, reasserted state control over the industry in the mid-2000s. In the years since, oil production in the country has fallen drastically as its infrastructure has aged and investment dried up.<br \/>\u201cWe\u2019re going to be extracting numbers in terms of oil like few people have seen,\u201d Trump said on Friday, emphasizing that the US stands to benefit from lower energy prices. \u201cVenezuela is going to be very successful, and the people of the United States are going to be big beneficiaries.\u201d<br \/><a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/feb\/19\/trump-backlash-social-media-king\" data-link-name=\"in body link\"><sub class=\"dcr-130mj7b\">Read the full story<\/sub><\/a><br \/>Speaking at a meeting with oil and gas executives at the White House, the US president justified his comments by saying: \u201cIf we don\u2019t do it, Russia or China will take over <a href=\"https:\/\/www.theguardian.com\/world\/greenland\" data-link-name=\"in body link\">Greenland<\/a>. And we\u2019re not going to have Russia or China as a neighbor.\u201d<br \/>He added: \u201cSo we\u2019re going to be doing something with Greenland, either the nice way or the more difficult way.\u201d<br \/><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/jan\/09\/trump-greenland-threats-white-house\" data-link-name=\"in body link\"><sub class=\"dcr-130mj7b\">Read the full story<\/sub><\/a><br \/>Jacob Frey, the Minnesota city\u2019s Democratic mayor, criticized the Trump administration, speaking at a press conference two days after the Renee Nicole Good was killed in her car in a confrontation with federal officers amid protests and community scrutiny during an immigration crackdown.<br \/>Donald Trump, JD Vance and Kristi Noem, the secretary at the Department of Homeland Security (DHS), the parent agency of ICE, <a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/jan\/09\/white-house-minneapolis-ice-killing\" data-link-name=\"in body link\">swiftly accused<\/a> Good of engaging in \u201cdomestic terrorism\u201d, without providing evidence and before the official investigation was fully under way.<br \/><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/jan\/09\/jacob-frey-trump-minneapolis-ice-investigation\" data-link-name=\"in body link\"><sub class=\"dcr-130mj7b\">Read the full story<\/sub><\/a><br \/>US forces were seen in video footage that officials posted online landing on the ship\u2019s deck as the vessel named Olina was seized in the <a href=\"https:\/\/www.theguardian.com\/world\/caribbean\" data-link-name=\"in body link\">Caribbean<\/a> near <a href=\"https:\/\/www.theguardian.com\/news\/2026\/jan\/07\/how-trinidad-and-tobago-helped-donald-trump-depose-nicolas-maduro\" data-link-name=\"in body link\">Trinidad<\/a>. It is the fifth interdiction of such ships in recent weeks, separately from the series of previous US operations since the start of the fall to strike <a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/jan\/01\/us-coast-guard-search-survivors-boat-strike-pacific-ocean\" data-link-name=\"in body link\">suspected drug boats<\/a> off the coast of Venezuela.<br \/><a href=\"https:\/\/www.theguardian.com\/world\/2026\/jan\/09\/us-venezuela-oil-tanker-seizure\" data-link-name=\"in body link\"><sub class=\"dcr-130mj7b\">Read the full story<\/sub><\/a><br \/>The <a href=\"https:\/\/www.theguardian.com\/us-news\/trump-administration\" data-link-name=\"in body link\">Trump administration<\/a> \u201cwasted\u201d $10bn <a href=\"https:\/\/peer.org\/letter-to-opm-acting-director-charles-ezell-federal-employee-administrative-leave\/\" data-link-name=\"in body link\">on paid leave<\/a>, or paying workers to stay home, as part of the \u201cdepartment of government efficiency\u2019s\u201d assault on the federal workforce, a new analysis by Public Employees for Environmental Responsibility (Peer) <a href=\"https:\/\/peer.org\/wp-content\/uploads\/2025\/12\/12_30_25-letter-to-GAO-and-attachments.pdf\" data-link-name=\"in body link\">estimates<\/a>.<br \/><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/jan\/09\/doge-taxpayer-costs-federal-workers\" data-link-name=\"in body link\"><sub class=\"dcr-130mj7b\">Read the full story<\/sub><\/a><br \/>The Washington National <a href=\"https:\/\/www.theguardian.com\/music\/opera\" data-link-name=\"in body link\">Opera<\/a> (WNO) announced on Friday it is moving its performances out of the John F Kennedy Center, in what could be one of the most significant departures from the institution since Trump took control of it.<br \/><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/jan\/09\/washington-national-opera-kennedy-center\" data-link-name=\"in body link\"><sub class=\"dcr-130mj7b\">Read the full story<\/sub><\/a><br \/><strong><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/jan\/09\/ice-agent-minneapolis-bodycam-footage\" data-link-name=\"in body link\">Renee Nicole Good calmly said everything was \u201cfine\u201d and \u201cI\u2019m not mad at you\u201d<\/a><\/strong><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/jan\/09\/ice-agent-minneapolis-bodycam-footage\" data-link-name=\"in body link\"> <\/a>seconds before an on-duty Immigration Customs Enforcement agent fatally shot her in <a href=\"https:\/\/www.theguardian.com\/us-news\/minneapolis\" data-link-name=\"in body link\">Minneapolis<\/a> as she drove away, according to a cellphone video shared on Friday by Donald Trump\u2019s White House.<br \/><strong><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/jan\/09\/federal-immigration-officers-louisiana-minneapolis\" data-link-name=\"in body link\">Federal immigration officers are pulling out of a Louisiana crackdown and heading to Minneapolis<\/a><\/strong> in an abrupt pivot from an operation that drew protests around <a href=\"https:\/\/www.theguardian.com\/us-news\/new-orleans\" data-link-name=\"in body link\">New Orleans<\/a> and aimed to make thousands of arrests, according to documents obtained by the Associated Press.<br \/>A <a href=\"https:\/\/www.theguardian.com\/us-news\/maryland\" data-link-name=\"in body link\">Maryland<\/a> woman has been released and reunited with her family after spending 25 days in Immigration and Customs Enforcement (<a href=\"https:\/\/www.theguardian.com\/us-news\/ice-us-immigration-and-customs-enforcement\" data-link-name=\"in body link\">ICE<\/a>) custody \u2013 <strong><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/jan\/09\/maryland-woman-us-citizen-released-ice-custody\" data-link-name=\"in body link\">despite her attorneys saying documentation showed she was born in the US and therefore is a citizen<\/a><\/strong>.<br \/><strong><a href=\"https:\/\/www.theguardian.com\/business\/2026\/jan\/09\/us-jobs-data-december-2025\" data-link-name=\"in body link\">Hiring held firm in the US last month<\/a><\/strong>, official data showed, amid uncertainty over the strength and direction of the world\u2019s largest economy.<br \/>A battle is brewing in <a href=\"https:\/\/www.theguardian.com\/us-news\/california\" data-link-name=\"in body link\">California<\/a> over a plan to tax billionaires \u2013 <strong><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/jan\/08\/billionaire-tax-california\" data-link-name=\"in body link\">with tech titans divided over whether they should pay up, or flee the state<\/a><\/strong>.<br \/>Republican Ohio gubernatorial candidate <a href=\"https:\/\/www.theguardian.com\/us-news\/vivek-ramaswamy\" data-link-name=\"in body link\">Vivek Ramaswamy<\/a> has expressed concern <strong><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/jan\/09\/vivek-ramaswamy-bodyguard-drug-trafficking\" data-link-name=\"in body link\">after his family\u2019s bodyguard was arrested recently on federal drug-trafficking charges<\/a><\/strong>.<br \/>Catching up?<em> Here\u2019s what happened on <strong><a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/jan\/08\/trump-administration-news-latest-updates-today\" data-link-name=\"in body link\">8 January 2026<\/a><\/strong>.<\/em><\/p>\n<p><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMimgFBVV95cUxQZEg5aGxCeWdyRlRGcDRjSlQ2SFZfWUxIcXlwV3o4ZVZDRHQ0a1JtYVNUdHpONXo3bzJJWUZmNG9MUlFLM0o2Zzd3cDBqcXRENVh3RzB6Z2dlUDFpbmZEQkR4QzRpVWp6RloxdjFoSU9IZ1VKdE1NcWpObGtJNHl4SEF3VXpsNWkyckpBUUxEMWc4ak94V2RpSFdB?oc=5\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2018We\u2019re going to be extracting numbers in terms of oil like few people have seen,\u2019 Trump said \u2013 key US politics stories from 9 January 2025Donald Trump had a message for fossil-fuel companies on Friday: Venezuela is now \u201copen for business\u201d as the US president vowed the country\u2019s resources would be extracted for the benefit [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":196379,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-196378","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","entry"],"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/196378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=196378"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/196378\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/196379"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=196378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=196378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=196378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}