Trump 'inclined' to keep Exxon out of Venezuela
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Exxon Mobil CEO Darren Woods' emergence as an unofficial industry spokesman has put him at odds with Trump with his frank talk over Venezuela.
Trump told reporters he did not like Exxon Mobil's response to his Venezuela offer and said that the company was "playing too cute."
President Donald Trump signaled that Exxon Mobil (NYSE:XOM) could be excluded from his effort to bring US oil majors back into Venezuela, after expressing dissatisfaction with the company's response to his initiative.
Exxon, ConocoPhillips (COP.N) and Chevron were for decades the most prominent partners of state company PDVSA, contributing to developing output at the vast Orinoco Belt, which is now the country's main oil region.
Exxon Mobil (XOM) has signaled continued interest in sending an assessment team to Venezuela for evaluating oil infrastructure and other assets, according to Reuters, citing an unnamed source. The report comes days after U.