Return to Venezuela! ExxonMobil (XOM.US) plans to sign a preliminary agreement, targeting massive oil reserves of 50 billion barrels.

Zhito Finance APP has learned that, according to people familiar with the matter, Exxon Mobil (XOM.US) is about to sign a preliminary agreement to explore investment in several oil fields in Venezuela, which would mark the company's return to Venezuela nearly two decades after exiting the country.