Chavez ripples head north
Venezuelan strongman’s policies give Exxon reason to expand in Alberta
For Petroleum News
The turmoil in Venezuela, as President Hugo Chavez moves to nationalize heavy oil ventures in the Orinoco Belt, could send some positive ripples in Alberta’s direction.
ExxonMobil, having decided to pull up stakes entirely in Venezuela, may now decide to take a major plunge into the oil sands, said....
[additional news subjects in this story]
ExxonMobil expertise could be applied in Alberta
There are uncertainties in Alberta
Analysts see oil sands economics challenged
Pipeline help on the way
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