Venezuela · Oil & Gas Key Facts —Report: ExxonMobil is in advanced talks to acquire oil-production rights in Venezuela covering up to six Exxon Ven

The U.S. oil giant is negotiating a deal to pump oil in Venezuela, ending a standoff with its socialist rulers and marking a victory for President Trump.

The company departed the country roughly 20 years ago under pressure and had dismissed Venezuela as "uninvestable" just months ago