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ExxonMobil signed preliminary oil deal with Venezuela, eyes return

2 sources2 articles First seen Updated Venezuela Truth score 52

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Image from Quartz

Summary

The non-binding memorandum with PDVSA does not commit the company to a project, and a final contract would be needed

Description from Quartz.

Who is covering this

  1. RedState Right Factuality: Mixed US
    ExxonMobil Signs Preliminary Venezuela Oil Deal, Eyes Return After 20 Years
    Elevated risk
  2. Quartz Leans left Factuality: High US
    ExxonMobil signed preliminary oil deal with Venezuela, eyes return

    The non-binding memorandum with PDVSA does not commit the company to a project, and a final contract would be needed

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