Exxon signs MoU to explore oil opportunities in formerly 'uninvestable' Venezuela (XOM:NYSE)
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8 Articles
Venezuela and a major energy company signed a preliminary agreement for his return to the country after 16 years of absence.The event was held in the Venezuelan capital with the participation of high representatives of both parties.
Exxon signs MoU to explore oil opportunities in formerly 'uninvestable' Venezuela (XOM:NYSE)
ExxonMobil said it signed an MoU to explore potential upstream opportunities in Venezuela with state oil firm PDVSA, after CEO Darren Woods called the country "uninvestable" early this year
Exxon signs preliminary agreement with Venezuela to assess oil opportunities
ExxonMobil said on Monday it signed a memorandum of understanding with Venezuelan state oil company PDVSA to assess upstream oil opportunities, marking a potential return to the country nearly two decades after its assets were expropriated.
Caracas, Nov 9 (Prensa Latina) The state company Petróleos de Venezuela S.A (Pdvsa) and the U.S. oil transnational ExxonMobil today signed a memorandum of understanding to strengthen energy cooperation. The post Venezuela and ExxonMobil sign a memorandum of understanding first appeared on Noticias Prensa Latina.
If the great American oil company decides to move towards the development of projects, this would mean a solid return of Exxon to Venezuela, after its departure almost two decades ago
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