Venezuela vows Orinoco oil takeover on May 1
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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 oil projects of the country's Orinoco Belt by May 1.
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Venezuela's President Hugo Chavez, who survived a referendum earlier this month, vows to step up controversial agricultural reforms.
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Russian oil giant Lukoil Holdings is planning a $1 billion joint investment with Venezuela's state-run oil company, a top Lukoil official said Thursday.
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Venezuela's President Hugo Chavez said Colombian rebels agreed on Wednesday to hand over two hostages and that he could send helicopters to pick them up as early as Thursday.
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A sizable group out of the  six foreign oil majors negotiating with Venezuela the  nationalization of multibillion dollar projects are about to  sign deals, the OPEC member&#39;s energy minister said on  Wednesday.
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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 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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Venezuelan President Hugo Chavez offers neighbouring states the option to pay for oil with local produce.
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Venezuelan energy minister Rafael Ramirez said Friday that the South American state would not be "intimidated" by US energy giant ExxonMobil in a legal spat tied to the nationalization of key oil fields.
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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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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 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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Venezuelan President Hugo Chavez pledged to deepen his "revolution" for the poor Wednesday as he marked his government's sixth anniversary, saying he intends to win another six-year stint next year.
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CARACAS, Venezuela  - Venezuela's leftist President Hugo Chavez on Sunday promised hundreds of thousands of supporters he would win a resounding victory in his December 3 reelection bid he describes as a challenge to Washington.
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Venezuela has moved to secure sovereign control over its massive petroleum resources by insisting on compliance with a law which requires foreign oil firms to pay a 16.
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Brazil and Venezuela pledge closer ties on trade and energy, including the building of a new refinery together.
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Venezuelan President Hugo Chavez says Colombia's Farc rebels have said they are ready to release hostages.