Venezuela to seize foreign oil projects
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President Hugo Chavez ordered by decree on Monday the takeover of oil projects operated by foreign oil companies in Venezuela's Orinoco River region.
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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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Venezuela on Sunday ordered foreign oil firms operating in its huge Orinoco heavy crude belt to pay much higher taxes in what President Hugo Chavez called
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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 on Thursday set a May Day deadline for the world's biggest oil firms to surrender their control of multibillion-dollar crude projects, speeding up nationalizations a day after receiving powers to rule by decree.
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Venezuelan President Hugo Chavez on Thursday set a May Day deadline for the world's biggest oil companies to surrender control of multibillion-dollar crude projects, speeding up nationalizations a day after he received powers to rule by decree.
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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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BEIJING - President Hugo ChÃ¡vez, seeking to reduce Venezuela&#39;s dependence on selling oil to the United States, said Friday his country will give China greater access to its oil and natural gas resources.
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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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By Pascal Fletcher CARACAS, Venezuela  - Venezuela on Sunday slappedhigher taxes on foreign oil companies operating in its hugeOrinoco heavy crude belt in what President Hugo Chavez called adrive to tighten sovereign control over petroleum resources.
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Energy company Harvest Natural Resources encounters problems in Venezuela.
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Venezuelan President Hugo Chavez is ordering foreign oil companies to pay much higher taxes, in a move to tighten state control over his country&#39;s vast petroleum resources.
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Venezuela has agreed to sell gasoline to Iran, the South American county's energy minister said in comments published Tuesday, a week after the Islamic country imposed a fuel rationing program that has sparked violence.
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With the backing of President Hugo Chavez, Venezuela is setting up a state-owned telecoms firm to challenge dominant foreign owned operators.
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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.
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By Pascal Fletcher CARACAS, Venezuela  - Venezuela on Sunday orderedforeign oil firms operating in its huge Orinoco heavy crudebelt to pay much higher taxes in what President Hugo Chavezcalled a drive to tighten sovereign control over petroleumresources.
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BEIJING : Venezuelan President Hugo Chavez has pledged support for Chinese companies to take part in oil exploration and pipeline construction projects in his country, state media said.