Monday, June 25, 2007

ConocoPhillips to Quit Venezuela After Oil Project Talks Fail, Person Says

(Bloomberg) -- ConocoPhillips will leave Venezuela
after negotiations over the country's oil projects failed,
according to a person on the government's side of the talks.

Exxon Mobil Corp. will also leave, the Wall Street Journal
and Reuters reported, citing unnamed people familiar with the
government and company positions in the negotiations.


Read more at Bloomberg Emerging Markets News

No comments: