Saturday, March 29, 2008

Venezuela is rerouting oil in Exxon Mobil dispute

Venezuela is rerouting oil to China that had previously been sent to a U.S. refinery co-owned by its state oil company and Exxon Mobil Corp., Venezuela's oil minister said Friday. Rafael Ramirez said Exxon Mobil has stopped ordering crude for a refinery in the New Orleans suburb of Chalmette as legal wrangling between the Irving-based company and Petroleos de Venezuela, or PDVSA, continues. 'Everything went to China,' Ramirez told reporters.





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