2026-01-10 13:27:56

It is reported that the White House recently convened energy companies for a Venezuela oil policy meeting, but the bureau is not optimistic about ConocoPhillips. CEO Ryan Lance was told at the meeting that the company's claim of $12 billion against the Venezuelan government is almost impossible to recover. This signal reflects a subtle shift in the US attitude towards Venezuela's energy assets, as geopolitical games are reshaping the business expectations of global energy companies. For traditional oil and gas giants like ConocoPhillips, international political risk management has become a more challenging issue than technological innovation.

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ThatsNotARugPull

· 01-12 22:30

$12 billion is gone just like that, this is the fate of traditional energy giants. --- Geopolitics has played the oil and gas companies to death; no matter how advanced the technology is, it’s useless. --- ConocoPhillips’ massive loss cannot be saved even by the White House; those betting on Venezuela will have to admit defeat. --- Laughing out loud, energy companies still want to rely on political connections to collect debts? Wake up, friends. --- That’s why I am more optimistic about the future of decentralized energy; don’t be arbitrarily cut off by national policies. --- Ryan Lance must be feeling pretty bad right now; $12 billion just went down the drain. --- Traditional giants are really declining; political risks are even greater than market risks. --- This move by Venezuela directly silenced Western oil companies.

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LoneValidator

· 01-12 02:05

$12 billion just disappeared like that; traditional oil companies really can't compete with geopolitical politics.

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StakoorNeverSleeps

· 01-11 04:25

120 billion just disappeared like that, even oil giants have to kneel down

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AirdropHunter9000

· 01-10 13:55

$12 billion just wasted like that? ConocoPhillips' move this time is truly brilliant.

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ser_ngmi

· 01-10 13:54

Is $12 billion just wasted like that? Traditional oil and gas giants really need to reflect --- Geopolitics has messed up the energy business, ConocoPhillips is having a tough time this round --- Basically, the US changed its mind, and companies are caught in the middle, just staring blankly --- No wonder everyone is betting on new energy; being too tied to politics is really risky --- I can imagine Ryan Lance's expression; going from CEO to a worker must feel like that --- $12 billion is gone just like that, this is the real technical risk haha --- The US has already given up on Venezuela, and ConocoPhillips still wants to get paid? Wake up, brother

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BrokenYield

· 01-10 13:53

$12B write-off incoming... geopolitical risk correlation just got real. those legacy oil plays never priced in the regime change volatility matrix properly lmao

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LiquidationHunter

· 01-10 13:50

$12 billion just like that went down the drain? This is the real geopolitical tax, haha.

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ParanoiaKing

· 01-10 13:44

12 billion USD wasted directly, this is the cost of playing geopolitical games --- Traditional oil and gas giants are still too inexperienced when it comes to geopolitical struggles --- Venezuela's chess game, the US hasn't even figured it out yet, and ConocoPhillips definitely shouldn't expect anything --- To put it simply, once the US attitude changes, the debt is gone, the industry risk is ridiculously high --- Ryan Lance will definitely feel uncomfortable at this meeting; 12 billion just disappeared --- Is geopolitical risk higher than technical barriers? This is the real nightmare for energy giants --- The 12 billion debt of energy companies cannot be recovered; are they really counting on the United Nations? --- What does this reflect? Political risk is always the top priority; money is not even a concern --- ConocoPhillips' recent failure in international political risk management is a textbook case --- Venezuela's oil industry mess, whoever touches it will be unlucky

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