ConocoPhillips and Exxon Look at Venezuela Role After Maduro Ouster, US Energy Boss Says

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US Energy Secretary Chris Wright stated that US oil companies, including ConocoPhillips and Exxon Mobil, are considering their potential role in revitalizing Venezuela's energy industry following potential regime change.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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ConocoPhillips, Exxon Mobil Corp. and other US oil companies are examining what role they can play in helping revitalize Venezuela’s energy industry, US Energy Secretary Chris Wright said following talks with executives.

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Original article published by Bloomberg on January 8, 2026.
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