Peru's Amazon oil deals rapped
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Environmentalists in Peru criticise plans to auction off large swathes of the Amazon to oil and gas firms.
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Amazon has something that it wants to show you.
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Exxon Mobil and ConocoPhillips yesterday rejected a deal to stay in multibillion-dollar projects that Venezuela is nationalizing, increasing the chances two of the world's top oil companies will leave the OPEC nation, two sources close to the talks said.
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Los Angeles Times - IQUITOS, Peru &#8212; A few miles downriver from this city in the western Amazon jungle, Andres Alvarado hops off a boat and walks up a muddy path to a hollowed-out log resting on a wooden stand. He beats the log with a stick, sending a series of low-pitched tones into the rain forest.
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An effort by Venezuelan President Hugo ChÃ¡vez to build $20 billion pipeline has generated political and environmental controversy at home and abroad.
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The price disparity for gas between Brazil and Venezuela has generated a booming contraband trade that is spurring fuel traffickers to use ingenious efforts at evasion.
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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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As more firms look to drill in the Amazon, observers say one project properly balances the needs of the people and the environment.
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Regulators granted preliminary approval Monday to a massive Amazon dam project praised by business leaders as a way to prevent possible energy shortages but criticized by environmentalists as a potential environmental disaster.
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A Brazilian Indian tribe is linking up with Internet giant Google to try to capture vivid images that could help stop loggers and miners from deforesting the jungle and digging for gold on its vast Amazon reservation.
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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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ConocoPhillips and Exxon Mobil refused to meet Venezuelaâs deadline for ceding control of major oil ventures, a move that could mean the loss of billions in investments.
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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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Amazon.comâs profits are paying the price for higher taxes and heavy spending during the holiday months.
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Venezuela's plan 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 is a  "disturbing trend" that could harm the OPEC member's economy, a  U.S. Energy Department spokesman said on Thursday.
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By Christopher S. Rugaber Associated Press  WASHINGTON -- Scams playing off the well-known brand names of online retailers such as Amazon.com and Overstock.com are among the latest get-rich-quick schemes bilking consumers of millions of dollars, federal regulators warned Tuesday.
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An effort by Venezuelan President Hugo ChÃ¡vez to build a $20 billion pipeline has generated political and environmental controversy at home and abroad.