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Ecuador offers to buy out oil companies

May 18 2008 03:04:20
Source: SFGate: Business & Technology
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President Rafael Correa says Ecuador wants to buy out private oil companies unwilling to negotiate new deals with his government.



Correa has asked companies now suing over an October decree that slashed their share of windfall oil profits to 1 percent to drop...   .

» full story @ source-link: SFGate: Business & Technology
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