Delcy Rodríguez confirmed meetings with ConocoPhillips and ExxonMobil in Venezuela
El Diario Venezuela - elDiario.com - Delcy Rodríguez confirmed meetings with ConocoPhillips and ExxonMobil in Venezuela
TL;DR
- Venezuela's interim president, Delcy Rodríguez, confirmed meetings with ConocoPhillips and ExxonMobil.
- These meetings followed reforms aimed at attracting private and foreign investment in the oil sector.
- A delegation from the U.S. Department of Energy also met with Venezuelan officials.
- Venezuela owes approximately $12 billion to ConocoPhillips, largely due to an arbitration award.
- ExxonMobil, which previously withdrew from Venezuela, now operates under a license from Guyana in disputed territory.
- The meetings suggest a potential shift in Venezuela's approach to foreign investment in its crucial oil industry.