Business
Oil giant ExxonMobil left Venezuela years ago. Now it's considering a return
Readthrough summary
ExxonMobil, which left Venezuela almost two decades ago, signed a non-binding memorandum of understanding with the Venezuelan government and state oil company PDVSA to examine oil exploration and production opportunities. CEO Darren Woods called the country "uninvestable" in January, but Venezuela has since overhauled its petroleum law to give private companies more control and reform taxes and royalties.
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