Chavez sets May oil takeover date
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Venezuela's President Chavez says he wants the state to take over oil projects on the Orinoco Belt by May.
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Venezuelan President Hugo Chavez said Sunday that taxes on foreign companies extracting heavy crudes from Venezuelan soil would be raised to 16.
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ConocoPhillips  and Chevron  have agreed to comply with a Venezuelan decree to cede by May 1 the operations of multi-billion dollar projects in the Orinoco oil reserve, the state oil company said on Thursday.
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Colombian Marxist rebels are set to free two women hostages to Venezuela after a previous mission to pick them up collapsed on New Years Eve, Venezuela's President Hugo Chavez said on Wednesday.
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Venezuelan President Hugo Chavez said on Wednesday Colombian rebels are ready to free two hostages, telling him the location they can be picked up from.
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CARACAS -- President Hugo Chavez said oil and gas deals he recently signed with the Chinese, part of a strategy to reduce his country's reliance on US export markets, will boost trade with the Asian country to nearly $3 billion next year.
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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 oil projects of the country's Orinoco Belt within months.
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The Venezuelan leader wants to export more oil to China
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Venezuelan President Hugo Chavez threatens to cut off his country's oil shipments to the United States if a court ruling goes forward ordering Venezuelan assets be frozen in a case brought by Exxon Mobil.
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Venezuelan President Hugo Chavez announced that his country began on Sunday to levy 16.6 percent of taxes on foreign companies which are extracting crudes from the Orinoco oil field.
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Venezuelan President Hugo Chavez said he has plans in place to receive hostages released by Colombian rebels, but predicted that groups within and close to Colombia's government will try to interfere.
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President Hugo Chavez said Sunday he could continue governing until 2027 if voters do away with re-election limits because he needs more time in office to establish a socialist economic model in Venezuela.
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Venezuelan President Hugo Chavez prepared to send helicopters into neighboring Colombia to pick up three hostages who have been held for years by leftist rebels.
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Venezuela's President Hugo Chavez said on  Tuesday he had forged a strategic alliance to stand up to U.S.  imperialism with fellow maverick Belarussian President  Alexander Lukashenko.
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WASHINGTON -- The US government knew of an imminent plot to oust Venezuela's leftist president, Hugo Chavez, in the weeks before a 2002 military coup that briefly unseated him, newly released CIA documents show, despite White House claims to the contrary a week after the putsch.
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Colombia agreed Wednesday to allow Venezuelan President Hugo Chavez to send his planes and helicopters into its territory to pick up three hostages who have been held for years by leftist rebels.
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Venezuelan President Hugo Chavez has   offered his country's oil expertise to Angola, sub-Saharan   Africa's No. 2 crude producer, in a strategy to boost ties with   what he calls "Mother Africa" and counter U.S. influence there.