Exxon, Venezuela and Donald Trump
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Exxon, ConocoPhillips (COP.N) and Chevron were for decades the most prominent partners of state company PDVSA, contributing to developing output at the vast Orinoco Belt, which is now the country's main oil region.
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
President Donald Trump signaled prolonged U.S. oversight of Venezuela after seizing dictator Nicolás Maduro and conducting large-scale strikes in Venezuela.
Exxon Mobil CEO Darren Woods said on Friday the U.S. oil major could hit the ground running in Venezuela and was ready to evaluate potentially returning to the country. "It's absolutely critical that we get a technical team in place to assess the current state of the industry,