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Exxon Mobil Maintains Venezuela Ambitions Despite Donald Trump’s Reservations

The American oil giant says it is ready to send a team of experts to Venezuela to assess infrastructure, as Donald Trump expressed displeasure with the company’s cautious stance on investment conditions.

Exxon Mobil Maintains Venezuela Ambitions Despite Donald Trump’s Reservations

CountriesÉtats-Unis
SectorPétrole
ThemePolitique & Géopolitique

Exxon Mobil remains interested in a presence in Venezuela and stands ready to dispatch a team of assessors, according to a source familiar with the company’s strategy. This position comes one day after Donald Trump suggested he might exclude the oil major from Venezuelan opportunities. The American president had expressed disagreement with Exxon CEO Darren Woods’s response, who had conditioned any investment on legislative reforms and capital protection guarantees.

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