Oil giant ExxonMobil left Venezuela years ago. Now it’s considering a return

Earlier this year ExxonMobil CEO Darren Woods attended a meeting at the White House where he told attendees that Venezuela was "uninvestable." Now the company has signed a memorandum of understanding with the country.

ExxonMobil has signed a memorandum of understanding with the Venezuelan government and its state-owned oil company to explore opportunities in the country.

(Image credit: Brendan Smialowski)

Source Author
Author: Source Author

Source: NPR.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *