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Venezuela signs a memorandum with ExxonMobil for the oil major’s return after leaving in 2007

Verified: 2 outlets in 2 countries have reported this story since Nov 10.

📍 Venezuela, VE·🕐 3h ago·2 outlets

Venezuela on Monday signed a memorandum of understanding with US oil company ExxonMobil with a view to its return to the country, which it left in 2007 after the nationalisation of the last privately held oilfields under Hugo Chávez’s government. The document is not a contract, and no investment figures or timelines have been disclosed.º

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✓ Verified · 2 outlets

Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.

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[Claude] Both reports cover the same Monday signing of a memorandum of understanding between ExxonMobil and Venezuela aimed at the company's return, and they do not contradict each other.

3h ago
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Reliability
87%

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low risk