Rex Tillerson got burned in Venezuela. Then he got revenge.

Rex Tillerson hadn't been CEO of ExxonMobil very long when the late president Hugo Chavez made foreign oil companies in Venezuela an offer they couldn't refuse. Give the government a bigger cut, or else. Most of the companies took the deal. Tillerson refused. Chavez responded by nationalizing ExxonMobil's considerable assets in the country, which the company […]

Source: http://www.washingtonpost.com/blogs/worldviews/wp/2017/01/16/rex-tillerson-got-burned-in-venezuela-then-he-got-revenge/