www.bloomberg.com
President Donald Trump signaled he may exclude Exxon Mobil Corp. from his initiative for US oil majors to rebuild Venezuela’s petroleum industry. He expressed dissatisfaction with the company’s response to his push. Trump had previously invited US companies to invest in Venezuela, a nation rich in oil reserves but suffering under US sanctions. Exxon Mobil’s apparent reluctance or insufficient engagement with the administration’s plans seems to have irritated the President, who is now looking to other American companies to lead the charge in revitalizing Venezuela’s oil sector.
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