Exxon CEO calls Venezuela 'uninvestable'
Digest more
Just The News on MSN
Watch Live: Trump meets with oil executives at the White House
The CEOs of ConocoPhillips, Exxon, and Shell are at the meeting, along with representatives from Chevron, Halliburton, Valero, and Marathon.
The amounts of money, time and political uncertainty trouble executives at large Western oil companies, who plan to meet with President Trump on Friday.
As Washington talks up a return of US oil companies, the world’s biggest producer says deep legal and political risks still stand in the way.
Just The News on MSN
Trump to meet with oil company executives to discuss investment plans for Venezuela
Energy Secretary Chris Wright said that it will cost tens of billions of dollars to return Venezuelan production to its historic levels
The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ExxonMobil’s (XOM) $83 billion formation. With BP valued at $ ...
The Trump administration is touting low pump prices, but oil and gas companies encountered headwinds in the second quarter. Officials with Exxon Mobil and Shell warned investors Monday that volatile oil and gas prices will weigh on their second-quarter ...
The crude oil pricing environment is expected to experience significant volatility this year, which will negatively impact the exploration and production activities of integrated energy companies. A deceleration in oil production growth can create ...
Latin America's left is in disarray after the seizure of Nicolas Maduro and the U.S.'s pledge to take over Venezuela's oil industry. Many on the left are changing their rhetoric about President Trump.