exxon

🛢️🇻🇪🇺🇸 Exxon Mobil is negotiating to acquire rights to resume oil production in Venezuela, according to The New York Times.

The American oil giant could sign contracts to operate up to six oil fields in various regions of the country.

This information was published on May 21, 2026, by Reuters, which cited the report from the American outlet 🏦.

The potential deal would mark Exxon’s return nearly two decades after leaving Venezuela due to expropriations.

This news represents a game-changing shift in energy geopolitics and in Venezuela's recent history. That **ExxonMobil** is negotiating its comeback to the country is a move that few would have anticipated just a few years ago, considering the long and tense history between the multinational and the Venezuelan state.
The key context behind this scoop from *The New York Times* and *Reuters* is divided into three essential points:

The political shift of 2026 as a catalyst
This approach isn’t happening in a vacuum. It’s driven by the drastic political change that occurred earlier this year in Venezuela, following the ousting of Nicolás Maduro and the formation of a transition government led by interim president **Delcy Rodríguez**, under the strong backing and encouragement of the Donald Trump administration in the U.S. (which has been actively pushing for oil corporations to reactivate the Venezuelan energy apparatus). In fact, U.S. diplomats like John Barrett have already been holding meetings in Caracas with Exxon executives to lay the groundwork.

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