ExxonMobil Exits Venezuela Operations
ExxonMobil has officially ended its presence in Venezuela after declining to transition its former projects into joint ventures with the state-owned oil company PDVSA.
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Exxon Mobil Corporation and Citgo Petroleum have jointly acquired a shipment of Venezuelan crude oil for refining purposes.
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ExxonMobil has officially ended its presence in Venezuela after declining to transition its former projects into joint ventures with the state-owned oil company PDVSA.
ExxonMobil's 275,000-barrel-per-day Joliet refinery is expected to return to service next week following a recent unit shutdown.