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Page added on March 12, 2009

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Chevron carefully weighs investment in Venezuela

Representatives of Chevron said on Tuesday that the US oil company will need to conduct a thorough assessment before investing again in Venezuela, Reuters reported.

The oil corporation submitted on Tuesday in New York and San Francisco a management balance. CEO David O’Reilly noted that in view of falling oil prices, oil producers are most willing to execute prospecting and development agreements with foreign companies, as stated by Bloomberg.
ElUniversal



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