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ExxonMobil CEO Darren Woods, far right, listens as U.S. President Donald Trump,left, speaks during a meeting with oil company executives in the East Room of the White House on Jan. 9. President Trump is aiming to convince oil executives to support his plans in Venezuela, a country whose energy resources he says he expects to control for years to come. US forces seized Venezuelan president Nicolas Maduro in a sweeping military operation on January 3, with Trump making no secret that control of Venezuela's oil was at the heart of his actions.
EnergyExxon and Chevron decline new spending in Venezuela while taking a wait-and-see approach for the years ahead
By Jordan BlumJanuary 30, 2026
Exxon Mobil CEO Darren Woods, seated to the right, listens as U.S. President Donald Trump, left, speaks during a meeting with oil company executives in the East Room of the White House in Washington, DC on Jan. 9, 2026. President Trump is aiming to convince oil executives to support his plans in Venezuela, a country whose energy resources he says he expects to control for years to come. U.S. forces seized Venezuelan president Nicolas Maduro in a sweeping military operation on Jan. 3, with Trump making no secret that control of Venezuela's oil was at the heart of his actions.
EnergyTrump threatens to keep ‘too cute’ Exxon out of Venezuela after CEO provides reality check on ‘uninvestable’ industry
By Jordan BlumJanuary 12, 2026
Secretary of State Marco Rubio looks on as US President Donald Trump speaks to the press following US military actions in Venezuela, at his Mar-a-Lago residence in Palm Beach, Florida.
EnergyTrump pushes for $100 billion in oil investments in Venezuela while Exxon and others say it’s currently ‘uninvestable’ without major reforms
By Jordan BlumJanuary 9, 2026
Trump
EnergyTrump: Venezuela to sell 30m-50m barrels of ‘high quality’ oil to U.S. at market price
By Regina Garcia Cano, Aamer Madhani, Megan Janetsky and The Associated PressJanuary 6, 2026
Energy‘Big Short’ investor Michael Burry says toppling of Venezuela’s Maduro will weaken Russia’s global standing as its oil ‘just became less important’
By Marco Quiroz-GutierrezJanuary 5, 2026
C-SuiteFortune 500 Power Moves: Which executives gained and lost power this week, Dec. 6-12, 2025
By Fortune EditorsDecember 12, 2025
Walmart supervisor leads store employees
SuccessWalmart CEO said paying its star managers upwards of $620,000 yearly empowered them to ‘feel like owners’
By Emma BurleighNovember 3, 2025
Aerial view of the the Guyana Shore Base, an Exxon Mobil associate in oil discoveries, in Georgetown, Guyana on August 29, 2025.
EnergyExxon Mobil approves $6.8B oil expansion offshore of Guyana—its first with rival Chevron as new partner
By Jordan BlumSeptember 22, 2025
Trump, Putrin
CommentaryIs Putin playing Trump or is Trump playing us?
By Jeffrey Sonnenfeld and Steven TianAugust 31, 2025
EnergyChevron’s president explains how the company transformed the historically boom-and-bust shale business into a steadily profitable enterprise
By Jordan BlumAugust 24, 2025
MagazineThe 5 biggest global business rivalries to watch, and how their outcomes will shape the future
By Fortune StaffAugust 5, 2025
FinanceForced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian
By Jordan BlumAugust 1, 2025
FinanceHow one clause sparked Exxon-Chevron feud that turned personal
By Kevin Crowley and BloombergJuly 20, 2025
Chevron CEO Mike Wirth
InvestingChevron wins huge legal fight against Exxon to close $53 billion Hess acquisition—getting access to the biggest oil discovery of the century
By Jordan BlumJuly 18, 2025
FinanceChevron sees 1 million barrels per day from one of the world’s biggest oil fields in this OPEC+ state
By Jason MaJanuary 25, 2025
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