Venezuela halts oil supplies to Exxon Mobil
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Venezuela on Tuesday suspended oil exports to Exxon Mobil Corp, escalating the country's fight with the U.S. oil giant over compensation for a heavy crude project nationalized by socialist President Hugo Chavez.
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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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Exxon Mobil Corp has moved to freeze up to $12 billion in Venezuelan assets around the world as the U.S. company fights for payment in return for the state's takeover of a huge oil project last year.
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CARACAS, Venezuela -- Venezuela's state oil company said Exxon Mobil Corp. and ConocoPhillips had refused to sign deals Tuesday that would allow them keep pumping oil under tougher terms in the South American country.
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Venezuela has agreed to sell gasoline to Iran, which last week launched a delayed fuel rationing scheme, Venezuela's energy minister said in remarks published on Tuesday.
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CARACAS -- President Hugo Ch&#xE1;vez ordered by decree yesterday the takeover of oil projects operated by foreign oil companies in Venezuela's Orinoco River region. Ch&#xE1;vez previously announced the government's intention to take a majority stake by May 1 in the four heavy oil-upgrading projects run by British Petroleum PLC, Exxon Mobil Corp. , Chevron Corp., ConocoPhillips Co., Total SA, and ...
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US oil giant Exxon Mobil is seeking arbitration over a stand-off with Venezuela about seized oil assets.
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Oil prices eased on Tuesday as fears of supply disruptions receded following a convincing referendum victory in Venezuela for President Hugo Chavez and after Russia&#39;s YUKOS said it had received a government assurance on September ...
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Venezuela's oil operations and cash flows have not been affected by court orders won by Exxon Mobil Corp  to freeze up assets as the U.S. giant fights for compensation for a project nationalized last year, the nation's energy minister said on Friday.
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Venezuela softened its tone on Tuesday over a threat to stop oil sales to America, with a top official saying a supply cut would be undesirable a day after world oil prices rose due to President Hugo Chavez's warning.
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Exxon Mobil has won a British court order freezing up to $12 billion of worldwide assets belonging to the Venezuelan national oil company, Petroleos de Venezuela, in a dispute over President Hugo ChÃÂ¿vez's efforts to seize control of oil ventures in his country.
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CARACAS, Venezuela  - Venezuelan President Hugo  Chavez on Friday froze bilateral accords and business deals  with Colombia in retaliation for a Colombian police operation  that abducted a top Colombian Marxist rebel from Venezuela.
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US oil giant Exxon Mobil says courts have frozen $36bn of Venezuela's assets in its dispute with the government.
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Venezuela on Thursday vowed to strip some of the world's biggest oil companies of their controlling stakes in the heavy crude projects of the Orinoco Belt "within months".
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CARACAS, Venezuela -- President Hugo Chavez on Sunday threatened to cut off oil sales to the United States in an "economic war" if Exxon Mobil Corp. wins court judgments to seize billions of dollars in Venezuelan assets.
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WASHINGTON -- Oil prices slipped yesterday after the president of Venezuela survived a recall referendum, though fears of potential supply interruptions in other parts of the world kept futures above $46 a barrel.
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Some oil majors have rejected Venezuela's terms for the takeover of their multi-billion dollar projects and can leave the OPEC nation, President Hugo Chavez said on Friday, days before a deadline for them to strike nationalization deals.