Exxon Mobil Stock (XOM) in Focus as U.S. Presses Oil Majors on Venezuela Ahead of Monday Open
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2 Articles
Exxon Mobil stock (XOM) in focus as U.S. presses oil majors on Venezuela ahead of Monday open
NEW YORK, Jan 4, 2026, 18:21 ET — Market closed U.S. officials have urged American oil executives to move quickly back into Venezuela and commit significant capital if they want to recover compensation tied to assets expropriated two decades ago, according to two people familiar with the outreach. Exxon Mobil Corp (XOM.N), which exited Venezuela and later pursued arbitration, did not immediately respond to a request for comment. Reuters The timi…
After the arrest of Nicolás Maduro by the U.S. military sent by Donald Trump, the tycoon has made clear his intentions to do business with Venezuela's oil and Chevron, Exxon Mobil and ConocoPhillips are some of the big companies that could accompany him on that path. During his press conference from Casa-a-Lago in Miami, the U.S. president said that his country's oil companies were willing to invest in Venezuela to restore crude oil production i…
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