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This chronology outlines the key milestones of exxonmobil's role in the transnational war against the bolivarian nation The conflict between exxonmobil and venezuela is one of the most contentious sagas in the global oil industry This week, delcy rodriguez, the venezuelan vice president and oil minister, denounced exxonmobil's conspiratorial scheme to undermine venezuela's political and economic stability through the u.s

Government via sanctions and geopolitical influence A world bank arbitration tribunal on thursday ordered venezuela to pay exxon mobil corp about $1.6 billion to compensate for oil nationalization in 2007, though state oil company pdvsa expects to. The oilfields in venezuela's second largest oil producing region, lake maracaibo, are part of a group of blocks pdvsa has been seeking partners for in recent years.

The renewed dispute between exxonmobil and venezuela

President hugo chavez pushed u.s Oil giants exxon mobil and conocophillips out of venezuela on tuesday in a nationalization drive the united states said could hurt its oil supply.

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