Venezuela to nationalize power company
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President Hugo Chavez's government moved to nationalize Venezuela's largest private electric company on Thursday, signing an agreement to buy a controlling stake in Electricidad de Caracas from its U.S.-based owner, AES Corp.
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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, Venezuela  - Venezuela on Sunday slapped  higher taxes on foreign oil companies operating in its huge  Orinoco heavy crude belt in what President Hugo Chavez called a  drive to tighten sovereign control over petroleum resources.
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Despite his nationalization moves, Venezuela's leader has a way to go. But a lot depends on how the U.S. treats him
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Ken Livingstone is to sign a deal with the Venezuelan government on cheap fuel for London buses.
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Venezuela's ruling party took the first step Monday toward creating a single pro-government party, a move opponents criticized as a push to consolidate more power in the hands of President Hugo Chavez after his landslide re-election.
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The city of London has signed an agreement with Venezuela to import cut-price petrol for its buses in return for offering its expertise on protecting the environment.
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The word's fifth largest oil exporting nation, Venezuela, signs an oil deal with South American neighbour, Paraguay.
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Russia is ready to take part in the privatization of state-owned companies in Bulgaria, Russian Energy Minister Viktor Khristenko told journalists.
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President Hugo ChÃ¡vez of Venezuela wrapped up a four-day visit to China on Sunday with agreements that promise to open Venezuela&#39;s oil and natural gas fields to China.
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Venezuela's oil industry will enter a new period of stability and growth after Sunday's referendum on Hugo Chavez's presidency, the president of the state-run oil company said Sunday.
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Venezuelan President Hugo Chavez on Sunday said he plans to buy 5,000 Dragunov sniper rifles from Russia to protect the oil-rich nation from a possible U.S. invasion.
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Oil companies BP Plc , Chevron Corp. , Total  and Statoil  have agreed to sign a deal on Monday with Venezuela for the state takeover of a majority stake in multibillion dollar oil projects, a government source told Reuters on Monday.
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The Venezuelan state buys the country's leading private power firm as its public ownership drive continues.
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Russia will help Venezuela  build plants to make Kalashnikov rifles and ammunition after  the United States restricted arms sales to the South American  nation, President Hugo Chavez said on Tuesday.
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Venezuelan President Hugo Chavez announced that his country began on Sunday to levy 16.6 percent of taxes on foreign companies which are extracting crudes from the Orinoco oil field.
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China and Venezuela sign a deal which will open the South American country's vast oil resources to Chinese investment.