Our perspective regarding the situation in Venezuela as shared with President Trump
Exxon Mobil Corporation••general
Key Points:
- ExxonMobil views Venezuela as a significant opportunity due to its vast resources, emphasizing the need for long-term investment and development rather than short-term gains.
- The company stresses a "win-win-win" approach, requiring benefits for ExxonMobil, the Venezuelan government, and the local population to ensure stable, long-term operations.
- ExxonMobil has a long history in Venezuela but notes that current legal and commercial frameworks make the country uninvestable without major reforms, including changes to hydrocarbon laws and investment protections.
- The company is open to sending a technical team to Venezuela, with government invitation and security guarantees, to assess and potentially help restore production and market access in the short term.
- ExxonMobil expresses confidence that with cooperation between
