# Venezuela signs memorandum of understanding with ExxonMobil

https://mins.news/en/item/137547

- TASS, 2026-11-10 15:50 UTC
- Economy
- Original: https://tass.com/economy/2215673

> Venezuela’s state-owned PDVSA and US company ExxonMobil signed a memorandum of understanding to pave the way for specific investment agreements. Acting President Delcy Rodriguez said it covers oil fields with reserves of billions of barrels, including brownfield and greenfield projects, and that Venezuela would provide a legal framework for stable, secure operations.

## Stories

- [US Venezuela Oil and Diplomatic Relations](https://mins.news/en/topic/us-venezuela-oil-relations) — Markdown: https://mins.news/en/topic/us-venezuela-oil-relations.md

## Related coverage

- [ExxonMobil explores return to Venezuela after calling it ‘uninvestable’](https://mins.news/en/item/136498) — Financial Times, 2026-11-10
