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.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Foreman Fleet Operations
Expertise: Logistics Management|Operations Management
Location: Midland, TX
 
Land Analyst - WY / UT Land Grant
Expertise: Landman|Lease Analyst|Legal
Location: Denver, CO
 
Sr. Contracts Negotiator
Expertise: Contracts Administration|Contracts Engineer|Legal
Location: Houston
 
search for more jobs

Brent Crude Oil : $48.6/BBL 1.12%
Light Crude Oil : $46.34/BBL 1.24%
Natural Gas : $2.9/MMBtu 2.35%
Updated in last 24 hours