Exxon, ConocoPhillips Seek Safeguards to Return to Venezuela - Bloomberg (XOM:NYSE)
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8 Articles
Exxon, ConocoPhillips seek safeguards to return to Venezuela - Bloomberg (XOM:NYSE)
Exxon Mobil and ConocoPhillips are in active negotiations with President Delcy Rodriguez’s government as they consider re-entering Venezuela after exiting 20 years ago, Bloomberg reported.
Representatives of both transnational oil companies hold private talks with the interim government of Delcy Rodríguez to evaluate the production mechanisms and options to reduce Venezuela’s million-dollar debt. The post Exxon Mobil and ConocoPhillips negotiate financial and legal guarantees to return to Venezuela appeared first on EL NATIONALA.
Both companies are in active negotiations with President Delcy Rodríguez’s government on taking advantage of Venezuela’s vast oil reserves
ExxonMobil and ConocoPhillips negotiate with the Venezuelan government contractual terms and investment guarantees to evaluate their eventual return to the country, including debt recovery mechanisms
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