I know that Conoco-Phillips has interests in Venezuela as I have a distant relative working for them there. I'm just wondering what Conoco-Phillips has done if anything and if the country is safe for Americans. I am so ignorant of the oil business and everything about it that I'm almost embarrassed to ask.
They're "going along to get along" - not to worry. This news item from last Friday:
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" ... President Hugo Chavez said Friday his government will sign the agreements with foreign oil companies later in the day. He thanked the transnational companies that operate in Venezuela for their willingness to cooperate.
Most affected companies, including Houston-based Conoco Phillips, France's Total SA, U.S.-based Chevron Corp. and Norway's Statoil ASA, were expected to sign the agreements in a later ceremony. ..."
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