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.

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.

President Trump said he might block the oil company from drilling in Venezuela after Chief Executive Darren Woods described the countr

Exxon Mobil stock remains a "Buy" with a plan for $25 billion in earnings and $35 billion in cash flow by 2030. Learn more about the oil company's potential.

The president’s statement about Exxon is probably just the beginning of a long negotiation between the oil giants and the administration.