New York, Jan 30, 2026 (AFP) - US oil giants say it's early days on potential Venezuela boom

NAMPA / AFP

2026-01-31

ExxonMobil and Chevron said Friday that they were awaiting signs of greater fiscal and legal stability in Venezuela before significantly shifting their approach to the oil-rich country. ExxonMobil, which has not operated in Venezuela since its assets were expropriated in 2007, aims to help the Trump administration understand the need to "make sure the right legal framework is in place" in Venezuela, said ExxonMobil CEO Darren Woods. The comments......

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Latest NAMPA photos

WINDHOEK, 30 January 2026 - Bank BIC Namibia has appointed Erastus Hoveka as its new chief executive officer, effective 02 February 2026. (Photo: Contributed)

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NKURENKURU, 30 January 2026 - The Kavango West Region on Friday commemorated International Leprosy Day under the theme "Leprosy is curable. The real challenge is stigma." (Photo by: Lylie Joel) NAMPA

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OTJIWARONGO, 30 January 2026 - Otjozondjupa Education Director, Gerhard Ndafenongo, speaks at the 2026 annual education conference at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

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OTJIWARONGO, 30 January 2026 - Otjozondjupa Education Director, Gerhard Ndafenongo, speaks at the 2026 annual education conference at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

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WINDHOEK, 30 January 2026 - Deputy Governor of the Bank of Namibia (BoN), Leonie Dunn. (Photo by: Molly Weyulu) NAMPA

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WINDHOEK, 30 January 2026 - Prime Minister Elijah Ngurare addressed learners at Hochland High School on Thursday. (Photo: Contributed)

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