Wednesday, November 4, 2009

Chevron Exec: Venezuela Relations All Business, No Politics...


Chevron Corp.’s (CVX) chief for Latin America and Africa says the company aims to keep business and politics separate as it views a possible multibillion dollar, decades-long investment to drill for oil in Venezuela.

In an interview Tuesday with Dow Jones Newswires on the sidelines of an oil conference, Ali Moshiri expressed few concerns about any of the political risks often attributed to Venezuela's populist-socialist leader and avowed enemy of the United States Hugo Chavez. "Our relationship with Venezuela is business-to-business," he said.

Yes, wasn't it chairman Mao Tse-tung who said that for a profit, "capitalist's greed was such that they'd sell the rope that would be used to hang them with." ...

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