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US President Donald Trump is holding a meeting on Friday with top executives from major American oil companies to secure their backing for his plan to control Venezuela’s oil resources. The meeting follows the January 3 military operation in which US forces detained Venezuelan President Nicolás Maduro. Trump has stated that the move’s main goal is to establish control over Venezuela’s oil sector.

White House Press Secretary Caroline Leavitt said Washington currently holds maximum influence over Venezuela’s interim authorities, and Energy Secretary Chris Wright declared that the US intends to maintain control of the country’s oil industry indefinitely. However, Venezuela’s interim president, Delcy Rodríguez, asserted that her government remains in power and that the state oil company is only negotiating oil sales with the United States.

According to NBC News, executives from ExxonMobil, Chevron, and ConocoPhillips are attending the meeting. Chevron is currently the only US company licensed to operate in Venezuela, while ExxonMobil and ConocoPhillips withdrew in 2007 after refusing to transfer majority ownership of their local operations to the Venezuelan government.

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