Shell, ExxonMobil OUT Of Venezuela Gas Project

CARACAS -(Dow Jones)- Venezuela’s oil minister said Friday that Royal Dutch Shell (RDSB.LN) and ExxonMobil Corp. (XOM) will no longer participate in the Mariscal Sucre natural gas project.

Venezuela will begin to develop the project’s initial two fields on its own, Rafael Ramirez told reporters.




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