Exxon CEO Feels ‘Positive’ on Venezuela After Earlier Criticism

Exxon Mobil Corp. is looking seriously at reinvesting in Venezuela just months after Chief Executive Officer Darren Woods told President Donald Trump the South American nation’s oil sector was “uninvestable.”

Venezuela recently changed energy regulations and contract terms to make them more attractive to foreign companies after the Trump administration captured former leader Nicolas Maduro in January and took control of the country’s crude exports.