Monday, June 25, 2007

ConocoPhillips to leave Venezuela-source

(Reuters) - Venezuelan President Hugo Chavez has set Tuesday as a
deadline for oil majors to accept terms for the government to
take a majority stake in four heavy-crude upgrading projects
away from foreign oil companies. The projects are valued at
more than $30 billion and can produce 600,000 barrels per day.




Read more at Reuters.com Bonds News

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