Oil giant ExxonMobil left Venezuela years ago. Now it’s considering a return

🎙️ NPR 🕐 November 11, 2026 at 2:00 AM

Earlier this year ExxonMobil CEO Darren Woods attended a meeting at the White House where he told attendees that Venezuela was "uninvestable." Now the company has signed a memorandum of understanding with the country.

ExxonMobil has signed a memorandum of understanding with the Venezuelan government and its state-owned oil company to explore opportunities in the country.

(Image credit: Brendan Smialowski)

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Oil giant ExxonMobil left Venezuela years ago. Now it’s considering a return.

ExxonMobil has signed a memorandum of understanding with the Venezuelan government and its state-owned oil company to explore opportunities in the country. (Image credit: Brendan Smialowski)

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Oil giant ExxonMobil left Venezuela years ago. Now it’s considering a return

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