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US firms 'reject' Venezuela deal |
| Home | (BBC News) - Two of the world's largest oil companies have reportedly rejected a deal that would keep them working in Venezuela's most important oil field. The government is taking over majority control of operations in the Orinoco Belt, as it extends state control. Sources at the state-owned oil firm, PDVSA, say they have been unable to agree with ConocoPhillips and Exxon Mobil about their future role. |