(Reuters) - LONDON, June 21 - Exxon Mobil Corp.'s
chief executive said on Thursday he expects negotiations over
Venezuela's planned takeover of majority stakes in multibillion
dollar projects in the country would go on beyond the June 26
deadline set by the government.
Venezuelan President Hugo Chavez has ordered a group of six
global energy oil companies to give the government 60 percent
stakes in projects in the country's Orinoco Belt as part of a
nationalization drive toward what he has described as his
socialist revolution.
Read more at Reuters.com Bonds News
chief executive said on Thursday he expects negotiations over
Venezuela's planned takeover of majority stakes in multibillion
dollar projects in the country would go on beyond the June 26
deadline set by the government.
Venezuelan President Hugo Chavez has ordered a group of six
global energy oil companies to give the government 60 percent
stakes in projects in the country's Orinoco Belt as part of a
nationalization drive toward what he has described as his
socialist revolution.
Read more at Reuters.com Bonds News
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