Venezuela seeks new operator for Chalmette refinery

CARACAS (Reuters) – Venezuela is seeking to remove Exxon Mobil as the operator of its joint-venture refinery in Chalmette, Louisiana, Oil Minister Rafael Ramirez said on Wednesday .

The move escalates the OPEC nation’s battle with the biggest publicly traded oil company sparked by Venezuela’s takeover of a multibillion-dollar oil project last year.


Venezuela already has stopped selling crude oil to Exxon after the company attempted to freeze $12 billion of foreign assets owned by Venezuelan state oil company PDVSA to secure compensation for the nationalized oil project.

Reuters