Venezuela rails at Exxon asset freeze "terrorism"
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Venezuela accused Exxon Mobil of legal "terrorism" on Friday after the giant U.S. oil company won court orders freezing $12 billion of the South American oil supplier's assets in a dispute at the heart of a worldwide tussle for control of natural resources.
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Oil traders and ship brokers said on Friday Venezuela's PDVSA state-owned oil company had stopped exports of unleaded gasoline to the United States, but the company denied the reports.
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Venezuelan President Hugo Chavez urged the international community to stop labeling Colombian guerrillas as terrorists on Friday, a day after rebels freed two high-profile women hostages.
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Exxon Mobil Corp  has won court  orders freezing up to $12 billion in Venezuelan assets around  the world as it fights for compensation for operations lost to  President Hugo Chavez's nationalization drive.
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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 foreign minister   was detained at a New York airport on Saturday, prompting an   apology from the U.S. government and compounding already tense   relations between the two countries.
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CARACAS, Venezuela  - Venezuelan-controlled Citgo   Petroleum Corp. said news of an old business deal ending   gasoline sales to convenience chain store 7-Eleven Inc. was   exploited for political gain against President Hugo Chavez.
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Venezuelan officials say the arms acquisitions are needed to circumvent a ban on sales of American weapons to the country and to counter potential military aggression from the United States.
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ConocoPhillips on Tuesday said Venezuela assumed control of its operations in the country after it was unable to reach an agreement with the government over the nationalization of two multibillion-dollar oil projects.
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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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Venezuelan state oil company  PDVSA on Saturday said an "operational event" had affected a  unit of the 640,000 barrel per day (bpd) Amuay refinery.
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CARACAS, Venezuela  - Venezuelan state oil company PDVSA said on Saturday an "operational event," which witnesses said was an explosion, had affected a unit of the 640,000 barrel per day (bpd) Amuay refinery.
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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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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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Venezuela could sue Exxon Mobil  for not paying taxes on some of the oil it produced, President Hugo Chavez said on Sunday, amid an escalating legal battle with Exxon over compensation for nationalized assets.
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Venezuela&#39;s President Hugo Chavez pressed for a new anti-terrorism proposal on Saturday after a car bomb killed a top state prosecutor investigating opponents accused of backing a 2002 coup against him.
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Venezuela minimized the compensation it owes Exxon Mobil Corp for an oil project on Thursday, the latest volley in hard-ball negotiations that have prompted a threat to stop sending America oil.