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  1. Oil majors, including ExxonMobil and ConocoPhillips, are seeking to restart production and secure durable contracts for Venezuela's vast oil reserves.
  2. Oil companies are negotiating with Venezuela's acting government, urging $100 billion in investment under a U.S. Treasury debt recovery program.

ConocoPhillips faced debt via Citgo auction, while Continental Resources signed an MoU with PDVSA.

1 report, 1 independent Updated Sep 17
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ConocoPhillips faced debt via Citgo auction, while Continental Resources signed an MoU with PDVSA.

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