Venezuela says it won't be 'intimidated' by ExxonMobil
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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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Exxon Mobil Corp.  plans to hand operations of a multibillion-dollar oil project to the Venezuelan state before a May 1 deadline imposed by President Hugo Chavez, industry sources told Reuters on Thursday.
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CARACAS, Venezuela  - Venezuelan President Hugo Chavez said on Tuesday the price of oil should not fall below $60 a barrel, two days after the OPEC country cut its production to stem price declines.
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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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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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Venezuelan President Hugo Chavez told his opponents on Sunday they should not fear his left-wing &quot;revolution&quot; after his referendum win and pledged to respect private wealth and fight corruption.
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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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Rather than knuckle under to Hugo Chavez, Exxon is launching an arbitration process.
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Venezuelan President Hugo Chavez told his opponents on Sunday they should not fear his left-wing "revolution" after his referendum win and pledged to respect private wealth and fight corruption.
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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's President Hugo Chavez yesterday threatened to cut off oil sales to the United States if ExxonMobil pursues international court orders it has obtained against billions of dollars of Venezuelan state assets in a contract dispute.
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Venezuela rejected criticism by a U.S. State Department spokesman of a proposed media law that government legislators are trying to approve in the National Assembly, said an official Wednesday.
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Venezuela's foreign minister on Wednesday rejected accusations by U.S. Secretary of State-designate Condoleezza Rice that President Hugo Chavez's government is meddling in the affairs of neighboring countries.
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The United States backed Exxon Mobil Corp's effort on Wednesday to win compensation from Venezuela for seized assets in a case that has prompted the OPEC nation to threaten to cut off oil supplies to America.
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Venezuela's president can improve ties by avoiding inflammatory remarks, the US State Department says.
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CARACAS, Venezuela  - Venezuelan President Hugo  Chavez told his opponents on Sunday they should not fear his  left-wing "revolution" after his referendum win and pledged to  respect private wealth and fight corruption.
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President Hugo Chavez on Sunday threatened to stop sending oil to the United States if it continued to attack Venezuela as he said it had done through an Exxon Mobil  lawsuit that has frozen the assets of the OPEC nation.