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ExxonMobil nears Venezuela oil deal, WSJ reports

Thursday, September 17th, 2026

ExxonMobil is nearing a preliminary deal to invest in Venezuela’s oil fields while negotiating a potential return to the country nearly two decades after its exit, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. ExxonMobil could sign a memorandum of understanding with state-run Petróleos de Venezuela as soon as this [Read more]

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