Venezuela keeps whittling away the amount of money it owes Exxon Mobile (XOM -1.1%) for assets...

|About: Exxon Mobil Corporation (XOM)|By:, SA News Editor

Venezuela keeps whittling away the amount of money it owes Exxon Mobile (XOM -1.1%) for assets seized by President Chavez when he nationalized a majority of the oil industry. "Venezuela has to pay, we are clear on that," a govt. official says, as talks continue on a negotiated settlement for $6B.