XOM · News · 20260912N

Venezuela Re-entry Considerations

ExxonMobil Holdings Corp · 2026-09-12 · Importance 14 · Surprise 24

The report says President Donald Trump indicated ExxonMobil could be the next major oil company to return to Venezuela, following Chevron’s reported $7 billion commitment. ExxonMobil previously operated in Venezuela but withdrew because of political uncertainty. The report provides no confirmed ExxonMobil investment amount, agreement, timeline, or government authorization for a return.

Key facts

• Trump says Exxon is next. source
• ExxonMobil had operations in Venezuela at one point. source
• Exxon pulled out of Venezuela because of political uncertainty. source