It isn't necessarily that the few
remaining international oil companies in Venezuela will immediately withdraw their personnel.
Not exact matches
But
companies are still feeling the pinch of the massive glut of
oil worldwide, which has brought down markets and
remains a major policy discussion among
international producers.
Following years of complaints to
international organizations — including the Roundtable on Sustainable Palm
Oil (RSPO), the industry's leading certification body — these communities
remain on the frontlines of a development model that puts people's wellbeing in the hands of private
companies and foreign investors.
«The major
international oil companies (IOCs) like ExxonMobil have not invested in future production as had been hoped; new technology has not dramatically improved recovery; and wells drilled over the last few years have nearly doubled but production has
remained flat.