Venezuelan President Increases Taxes on Foreign Oil Companies
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Venezuelan President Hugo Chavez is ordering foreign oil companies to pay much higher taxes, in a move to tighten state control over his country&#39;s vast petroleum resources.
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Flush with cash from high oil prices, Venezuela's president is pushing his leftist vision across the region.
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Venezuelan President Hugo Chavez visited a Harlem church Thursday and promised to double the amount of discounted heating oil his country ships to needy Americans. But he also took another swipe at President Bush.
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The price of crude oil reaches new record levels amid concerns about possible unrest in Venezuela and the threat of sabotage in Iraq.
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CIENFUEGOS, Cuba  - Venezuelan President Hugo Chavez met on Friday with a dozen leaders of Caribbean and Central American nations he is supplying with cheap oil that has bolstered his regional influence.
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Venezuelan President Hugo Chavez on Sunday said he plans to buy 5,000 Dragunov sniper rifles from Russia to protect the oil-rich nation from a possible U.S. invasion.
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Venezuelan President Hugo Chavez visited a Harlem church Thursday and promised to more than double the amount of discounted heating oil his country ships to needy Americans. He also took another swipe at President Bush.
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An effort by Venezuelan President Hugo ChÃ¡vez to build $20 billion pipeline has generated political and environmental controversy at home and abroad.
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President Hugo ChÃ¡vez of Venezuela said a decision to end tax breaks on four oil projects would not drive oil companies away.
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Venezuelan President Hugo Chavez said Wednesday that his oil-rich nation will sign major arms deals in Moscow to acquire Russian fighter jets and produce Kalashnikov assault rifles, and he slammed U.S. criticism of the weapons sales.
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President Hugo ChÃ¡vezâs economic policies have been generating a boom for those most capitalist of institutions â Venezuelaâs banks.
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Venezuelan President Hugo Chavez offers neighbouring states the option to pay for oil with local produce.
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MANAGUA, Nicaragua  - Venezuelan President Hugo Chavez sent Nicaragua a shipment of cut-price diesel fuel on Saturday in a demonstration of his support for Nicaragua's leftist opposition leader, Daniel Ortega, before a November 5 presidential election.
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The Mexican Congress passed a comprehensive tax bill to raise corporate taxes on many companies, give back more money to the countryâs cash-short oil monopoly and impose a gasoline tax.
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Venezuelan President Hugo Chavez on Thursday set the world's biggest oil companies a May Day deadline to surrender control of multibillion-dollar crude projects, accelerating his raft of nationalizations.
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President Hugo Chavez, seeking to reduce Venezuela's dependence on selling oil to the United States, said Friday his country will give China greater access to its oil and natural gas resources.
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Venezuela may be making decisions that are confounding oil companies, but the government there says it is merely seeking more income.