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

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