Monday, June 25, 2007

Exxon, Conoco reject Venezuela takeover deal:sources

(Reuters) - Four other companies -- Chevron Corp. , Norway's
Statoil , Britain's BP Plc and France's Total
-- plan to sign an accord that will keep them in the
massive Orinoco oil reserve projects, a government official
said.




The officials -- one from the oil industry and the other
from the government -- asked not to be named because the state
oil company, PDVSA, planned to officially make the deals
public.


Read more at Reuters.com Bonds News

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