Envoy warns Chavez about oil takeover
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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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His ambitious social programs are built on Venezuela's petroleum wealth, but President Hugo Chavez is increasingly talking up environmental causes and urging the world to cut back on oil use to fight global warming.
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Venezuelan President Hugo Chavez on Thursday said there is an excess of oil on the world market and proposed a minimum price for crude at &#36;50 a barrel. OPEC members have no intention of increasing their oil production despite demands from a number of industrialized nations, Chavez said as he spoke at the group&#039;s meeting in Caracas.
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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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Venezuela President Hugo Chavez said Sunday he has received warnings from within the White House that the Bush administration is plotting to assassinate him or topple his left-leaning government.
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President Hugo Chavez threatened on Monday to take over any private schools refusing to submit to the oversight of his socialist government, a move some Venezuelans fear will impose leftist ideology in the classroom.
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The U.S. government must respect Venezuela's sovereignty and stop meddling if it wants to improve ties with its fourth-largest oil supplier, Foreign Minister Ali Rodriguez said on Wednesday.
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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.
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Robert Zoellick, almost certain to be the next head of the World Bank, on Saturday took aim at Venezuela's leftist president, Hugo Chavez, warning that his oil-fueled socialist revolution was headed for trouble.
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Exxon Mobil Corp.  plans to hand operations of a multibillion-dollar oil project to the Venezuelan state before a May 1 deadline imposed by President Hugo Chavez, industry sources told Reuters on Thursday.
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President Hugo Chavez' deputy welcomes a call by the American administration for improved ties with Venezuela.
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Robert Zoellick, the U.S. choice to head the World Bank, warned Saturday that Venezuela's economic and political troubles were growing under President Hugo Chavez's leftist government.
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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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Oil prices ranged widely Monday, supported by Venezuelan President Hugo Chavez's threat to cut off sales to the United States
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A U.N. envoy urged Iraq's government on Saturday to halt a slide into civil war and stop the "cancer" of sectarianism from destroying the country, warning that the carnage of this week could tear Iraq apart.
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Venezuela plans talks with Panama next week on a proposal to pump oil through a Panamanian pipeline to the Pacific in order to cut shipping costs to China, the Venezuelan foreign minister said Wednesday.
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Venezuela announced on Friday night it would withdraw its ambassador from Panama and that President Hugo Chavez will not attend the inaugural ceremony of Panama&#39;s President-elect Martin Torrijos.