Trump says he’s ‘inclined to keep Exxon out’ of Venezuela
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President Donald Trump said he has guaranteed companies they won’t have any problems in Venezuela. Oil executives only had issues in the past because “stupid people” were presidents, he said. But
Exxon Mobil (XOM) has signaled continued interest in sending an assessment team to Venezuela for evaluating oil infrastructure and other assets, according to Reuters, citing an unnamed source. The report comes days after U.
Trump told reporters he did not like Exxon Mobil's response to his Venezuela offer and said that the company was "playing too cute."
Exxon Mobil CEO Darren Woods said on Friday the U.S. oil major is ready to evaluate a potential return to Venezuela in what would be a stunning development after its assets in the South American country were nationalized nearly 20 years ago.
Exxon CEO Darren Woods speaks at a roundtable hosted by the Oil and Gas Climate Initiative at CERAWeek by S&P Global in 2024. Despite the low prices, Exxon has indicated that it plans to continue producing record volumes of oil.