7-Eleven drops Citgo gasoline; cites Chavez
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7-Eleven Inc. will drop   Venezuelan-controlled Citgo Petroleum Corp. as its gasoline   supplier, the convenience store operator said on Wednesday, a   week after Venezuelan President Hugo Chavez called President   Bush "the devil."
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Honda, Hershey's and other multinational companies temporarily shut down their factories in western Mexico on Wednesday after rebels attacked a key natural gas pipeline.
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Oil-rich nations brushed off a push by Venezuelan leader Hugo Chavez to cut production, but he used the OPEC meeting to push for expanding the cartel&#039;s membership and praised Bolivia&#039;s nationalization of its natural gas industry.
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Conoco Phillips is pulling out of its Venezuelan oil ventures after failing to agree on new contract terms with the populist government of President Hugo ChÃÂ¡vez, and Exxon Mobil said it had also reached an impasse in negotiations there.
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CARACAS, Venezuela  - Venezuelan President Hugo  Chavez froze ongoing bilateral accords and energy deals with  Colombia on Friday in retaliation for the abduction of a  leading Colombian Marxist rebel from Venezuela.
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US oil giant ConocoPhillips says the cost of quitting operations in Venezuela led to a 95% drop in quarterly profits.
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The average U.S. retail gasoline   price fell to $2.38 a gallon, dropping for the seventh week in   a row, and could decline another 23 cents by mid-October, the   government said on Monday.
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A full-page ad blasting Exxon Mobil appeared in the Venezuelan newspaper Ultimas Noticias on Monday. Drawings of drops of oil went from black at the top of the page to red at the bottom. "Exxon turns oil into blood," the bold-face text declared. Addressing "Exxtranjero" -- the Spanish word for...
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Oil prices eased from new record highs  on Monday as victory for Venezuelan President Hugo Chavez in a  referendum on his rule eased fears that unrest could upset the  country's oil exports.
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Chiquita Brands International Inc  said on Monday it will cut management jobs and close facilities as part of a restructuring to generate annual cost savings of $60 million to $80 million, sending its shares up more than 7 percent.
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CARACAS, Venezuela  - Venezuelan President Hugo Chavez said on Tuesday the price of oil should not fall below $60 a barrel, two days after the OPEC country cut its production to stem price declines.
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President Hugo Chavez on Sunday threatened to cut off oil sales to the United States if Exxon Mobil Corp. wins court judgments to seize billions of dollars in Venezuelan assets.
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Police broke up an opposition protest using a water cannon and tear gas after hundreds took to the streets on Sunday condemning a decision by President Hugo Chavez to force Venezuela's most widely watched channel off the air.
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A top U.S. diplomat warned Friday that Venezuela cannot afford to drive away the major oil companies affected by President Hugo Chavez's decision to takeover the nation's most promising oil-producing operations.
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Venezuela shut down an opposition television channel on Monday and replaced it with one promoting President Hugo Chavez's self-proclaimed socialist revolution in a move widely criticized as a threat to democracy.
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A new Clean Air Act settlement with CITGO in Texas will significantly reduce harmful emissions from oil refineries, the Justice Department said Wednesday.
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MEXICO CITY, July 11 -- A series of pipeline explosions sharply reduced gas supplies in central Mexico and forced the country's largest beer producer, as well as foreign-owned companies, to temporarily close factories or cut back production Wednesday.