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EconomyExxon advances talks to return to Venezuela's Orinoco Belt, sources say

ExxonMobil is negotiating a return to Venezuela and has expressed interest in the large Petromonagas heavy-oil project in the Orinoco Belt, where it previously held a stake, as well as parts of the neighboring Carabobo block, according to people familiar with the talks.

ExxonMobilVenezuelaOrinoco Belt

RReuters★★★☆☆2026-09-17 00:00Original

Exxon advances talks to return to Venezuela's Orinoco Belt, sources say
Exxon advances talks to return to Venezuela's Orinoco Belt, sources sayEconomy