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.
Operates 13 Offshore Rigs
- ExxonMobil Says Julia, Hadrian South Operations Back To Normal After Nate (Oct 10)
- Iraq's Talks with Exxon on Southern Oilfields in Final Stages-Minister (Oct 09)
- U.S. Gulf Oil Producers Start Evacuating Staff Ahead of Tropical Storm Nate (Oct 05)