️🇻🇪🇺🇸 PDVSA and ExxonMobil signed a memorandum of understanding to strengthen energy cooperation and assess potential opportunities in Venezuela's oil sector.
The deal marks a possible return for ExxonMobil after nearly 20 years away from the country. The memorandum is non-binding, and any future investment will depend on stable policies, clear regulations and strong protections for investors.