NYSE:XOMOil and Gas
ExxonMobil Eyes Venezuela Return And Nigeria Deepwater As Upstream Test
ExxonMobil is in talks to restart oil production in Venezuela nearly two decades after leaving the country.
The discussions could address long running legal disputes while opening access to Venezuelan oil resources.
Separately, Weatherford received a major deepwater completions contract from ExxonMobil for operations offshore Nigeria.
For investors watching NYSE:XOM, these developments come with the stock trading at $155.29 and showing returns of 26.6% year to date and 55.6% over the past...