Sunday, February 17, 2008

VENEZUELA: Sign on statement: Stop ExxonMobil’s theft from the poor

ExxonMobil’s economic thuggery is an attempt to undermine and reverse the Venezuelan government’s decision last May to nationalise ExxonMobil’s 41.7% stake in the Cerro Negro project in the Orinoco oilfield. The nationalisation was part of the revolutionary government’s efforts to recover Venezuela’s sovereignty over its natural resources. ExxonMobil rejected the Venezuelan government’s offer of compensation, instead using the legal system in various First World countries to punish the country. In contrast, France’s Total and Norway’s Statoil have agreed to accept from Venezuela close to $1 billion compensation for part of their holdings in the oil project.

1 comment:

  1. Sure, Hugo Chávez and his crew are buying time by buying off these corporate shits. Who needs unnecessarily trouble, eh? Lenin and Trotsky had to do as much at Brest-Litovsk. And look how quickly the german junkers disappeared from the stage of history...

    It might take a bit longer to rid the world of capitalist imperialism -- but we'll do it, as long as the likes of the bolivarian crew don't lose sight of the real prize and get caught up in the collaborationist idiocy of "social-democracy", or some other form of accomodation with capital.

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