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ExxonMobil Signs Deal in Step Toward Re-Entering Venezuela

ExxonMobil Holdings Corp. formalized negotiations with Venezuela about operating one or more oil fields, months after Chief Executive Officer Darren Woods called the country “uninvestable” given its condition at the time.

This article was originally published by Bloomberg Markets and is republished here under license.

ExxonMobil Holdings Corp. formalized negotiations with Venezuela about operating one or more oil fields, months after Chief Executive Officer Darren Woods called the country “uninvestable” given its condition at the time.

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