Which similar companies announced contracts around the same time?

Gulf Development Public Company Limited (November 11, 2026), National Grid plc (November 11, 2026), Stabilis Solutions (November 10, 2026) and Pennsylvania Transformer Technology (November 10, 2026) also announced agreements within 45 days of ExxonMobil.

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ExxonMobil Signs Contract with PDVSA to Evaluate Oil Projects in Venezuela Amid Political Scrutiny.

Nov 11, 2026

Contract Type

contract

SpringEnergyOil And GasRenewable Energy

Description

ExxonMobil has signed a contract with Venezuela's state oil company PDVSA to explore potential oil projects, marking its return to an 'uninvestable' market amid recent political shifts. The deal signifies a cautious step towards engaging with Venezuela's substantial oil reserves despite concerns over governmental stability and regulatory clarity.

Quick answer

ExxonMobil Signs Contract with PDVSA to Evaluate Oil Projects in Venezuela Amid Political Scrutiny. (November 11, 2026). ExxonMobil is based in Spring, Texas, United States.

What agreement did ExxonMobil announce on November 11, 2026?: ExxonMobil has signed a contract with Venezuela's state oil company PDVSA to explore potential oil projects, marking its return to an 'uninvestable' market amid recent political shifts. The deal signifies a cautious step towards engaging with Venezuela's substantial oil reserves despite concerns over governmental stability and regulatory clarity.
What does ExxonMobil do?: ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs.
Where is ExxonMobil based?: ExxonMobil is based in Spring, Texas, United States.
Which similar companies announced contracts around the same time?: Gulf Development Public Company Limited (November 11, 2026), National Grid plc (November 11, 2026), Stabilis Solutions (November 10, 2026) and Pennsylvania Transformer Technology (November 10, 2026) also announced agreements within 45 days of ExxonMobil.

Source: Fundz verified event record.

Other recent agreements in Energy and Oil And Gas

Contracts and agreements at companies in the same sectors within 45 days, from Fundz verified event records.

Gulf Development Public Company Limited signs LNG Sale and Purchase Agreement with PetroChina International for 0.3 million tonnes delivery in 2027. (November 11, 2026)
National Grid awards BAM UK & Ireland a contract for the construction of the Southern Converter Station for the EGL3 electricity connection. (November 11, 2026)
Stabilis Solutions Announces Three-Year LNG Supply Agreement (November 10, 2026)
Sandhills Community College Partners with Pennsylvania Transformer Technology for Pre-Employment Training Program. (November 10, 2026)
Power Solutions International Amends Agreement with HD Hyundai for Multi-Year Engine Supply Commitments. (November 10, 2026)
DR Congo partners with SEPCO to develop a 100 MW solar power project with a target completion by June 2027. (November 9, 2026)

Company Information

Company

ExxonMobil

Location

22777 Springwoods Village Parkway

Spring, Texas, United States

About

ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs. The corporation’s primary businesses – Upstream, Product Solutions and Low Carbon Solutions – provide products that enable modern life, including energy, chemicals, lubricants, and lower-emissions technologies and services. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world. In 2021, ExxonMobil announced Scope 1 and 2 greenhouse gas emission-reduction plans for 2030 for operated assets, compared to 2016 levels. The plans are to achieve a 20-30% reduction in corporate-wide greenhouse gas intensity; a 40-50% reduction in greenhouse gas intensity of upstream operations; a 70-80% reduction in corporate-wide methane intensity; and a 60-70% reduction in corporate-wide flaring intensity. With advancements in technology and the support of clear and consistent government policies, ExxonMobil aims to achieve net-zero Scope 1 and 2 greenhouse gas emissions from its operated assets by 2050. To learn more, visit exxonmobil.com, the Energy Factor, and ExxonMobil’s Advancing Climate Solutions. Follow us on Twitter and LinkedIn.