https://www.live-feeds.com/feed/oil-giant-exxonmobil-left-venezuela-years-ago-now-it-s-considering-a-returnContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-giant-exxonmobil-left-venezuela-years-ago-now-it-s-considering-a-returnhttps://www.live-feeds.com/feed/oil-giant-exxonmobil-left-venezuela-years-ago-now-it-s-considering-a-return#u201904Sun, 15 Nov 2026 06:53:03 +0000ExxonMobil has signed a memorandum of understanding with the Venezuelan government and state-owned PDVSA to evaluate potential energy investments, marking the company's first formal step toward returning after exiting years ago. The agreement covers assessment of seven specific areas for possible projects. Exxon previously labeled Venezuela "uninvestable" following asset expropriations and U.S. sanctions. The MOU signals a shift in commercial posture but does not guarantee final investment decisions.Why it mattersExxonMobil withdrew from Venezuela after the government nationaliz