Venezuela owes ConocoPhillips and ExxonMobil billions of dollars in arbitration claims after it nationalized the oil industry in 2007. Energy Secretary Chris Wright said those claims need to be paid ...
The fallout from the Trump administration's military intervention is expected to put Venezuela's longstanding territorial claims over the oil-rich Essequibo territory on ice, analysts told CNBC. A ...
On CNBC's “Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, named Exxon Mobil Corporation (NYSE: XOM) as his final trade. Exxon Mobil said it will release ...
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White House clashes with Exxon over Venezuela deal
A very public standoff has opened up between the White House and one of the world’s biggest oil companies, and it is playing out in real time over Venezuela’s oil riches. President Donald Trump has ...
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