12 Hrs
Source:
الاقتصادية
Source: الاقتصادية
12 Hrsالاقتصادية
Source: الاقتصادية
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“ExxonMobil” has signed a memorandum of understanding with the Venezuelan government and the state-owned oil company to explore opportunities in the exploration and production sector. The move could pave the way for its return to the country, but the agreement is not legally binding. The company said any future investment would require stable policies, clear regulations, guarantees to protect investments, and competitive returns. ExxonMobil remains cautious after Venezuela nationalized its assets twice over the past 50 years, despite reforms aimed at attracting investors and the country’s possession of the world’s largest oil reserves, estimated at around 300 billion barrels.
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