Oil giant ExxonMobil left Venezuela years ago. Now it's considering a return
Summary
ExxonMobil has signed a memorandum of understanding with the Venezuelan government and its state-owned oil company to explore opportunities in the country. Texas-based ExxonMobil on Monday signed a memorandum of understanding with Venezuela that could lead to a potential return of the oil company to the country almost two decades after it had its assets stolen by the ruling socialist regime. Covered by 5 outlets: 2 lean left, 2 lean right, 1 are not rated.
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Oil giant ExxonMobil left Venezuela years ago. Now it's considering a return
ExxonMobil has signed a memorandum of understanding with the Venezuelan government and its state-owned oil company to explore opportunities in the country.
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Oil giant ExxonMobil left Venezuela years ago. Now it’s considering a return
ExxonMobil has signed a memorandum of understanding with the Venezuelan government and its state-owned oil company to explore opportunities in the country.
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ExxonMobil Signs Preliminary Venezuela Oil Deal, Eyes Return After 20 Years
Elevated risk
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ExxonMobil Signs Preliminary Agreement Toward Return to Venezuela
Texas-based ExxonMobil on Monday signed a memorandum of understanding with Venezuela that could lead to a potential return of the oil company to the country almost two decades after it had its assets stolen by the ruling socialist regime.
Mixed reliabilityElevated risk -
ExxonMobil signed preliminary oil deal with Venezuela, eyes return
The non-binding memorandum with PDVSA does not commit the company to a project, and a final contract would be needed
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