Venezuela Wants ExxonMobil Out

Venezuela is trying to kick out oil companies that refuse to give the country a greater share of petroleum profits. Oil Minister Rafael Ramirez on Wednesday said ExxonMobil was one of the companies that would "prefer to leave ... rather than adjust" to recent policy changes.

"We said we don't want them to be here then," Ramirez said. If "we need them, we'll call them."

However ExxonMobil said yesterday it had no plans to pull out. (Natalie Obiko Pearson, Miami Herald, March 30). LK

Copyright 2006 Greenwire. All Rights Reserved. Visit E&E Publishing for a free trial.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Office Manager
Expertise: Asset Management|Operations Management|Secretarial or Administrative
Location: Von Ormy, TX
Port Engineer
Expertise: Marine Engineering|Operations Management|Ships Engineer
Location: Albany, NY
Supply Chain Representative - SCM Rockies
Expertise: Supply Chain Management
Location: Denver, CO
search for more jobs

Brent Crude Oil : $50.64/BBL 0.62%
Light Crude Oil : $48.04/BBL 1.47%
Natural Gas : $3.01/MMBtu 2.58%
Updated in last 24 hours