Venezuela News

Iraq is poised to strike deals with international oil companies that could vault it into third place in the table of oil producing nations.

After five years of expansion, the Venezuela economy is in technical recession as Gross Domestic Product has declined over two successive quarters Oil has fallen from an average of USD 110 in the third quarter of 2008 to USD 64 in the third quarter of 2009 Noel Maurer warns that Venezuela is vulnerable to actions filed in the ICSID due to ...

For a factbox on other actions taken by refiners this year due to weak profits, click [ID:nN20226769] "If there's ever been a time to mothball a refinery, it's probably now, with utilization rates below 80 percent.

Oil-exporting Venezuela is in recession, its socialist President Hugo Chavez said on Saturday, adding that the capitalist system of measuring economic growth was established in the United States.

Venezuelan President Hugo Chavez is inviting his mentor Fidel Castro to visit Venezuela during the coming months.

Venezuelan authorities have captured a former Colombian official wanted for collaborating with outlawed right-wing paramilitary fighters.

Venezuelan President Hugo Chavez has defended jailed killer "Carlos the Jackal" and several world leaders he says are wrongly considered "bad guys". In a speech to international socialist politicians, Mr Chavez said "Carlos", a Venezuelan, was not a terrorist but a key "revolutionary fighter". He is serving a life sentence in France for murders ...

Required fields are marked with an asterisk The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications.

Eds: APNewsNow. Will be led. For global distribution. CARACAS, Venezuela Hugo Chavez is defending alleged terrorist mastermind Carlos the Jackal, saying the Venezuelan imprisoned in France was a "revolutionary fighter." Chavez mentioned the Venezuelan whose real name is Ilich Sanchez Ramirez during a speech saying: "I defend him.

The Bolivarian Revolution is showing no sign of slowing. The elected presidential dictator of Venezuela, Hugo Chavez, has made numerous statements that their economy is based on oil priced at $40 per barrel. The price over the previous 12 months has been continually above that number and now has shown only slight resistance near $80 per barrel.

The government is still showing HUGE declines in productivity, health, and other infrastructure services. The petroleum industry has been heavily shifted from foreign investment and ownership/partnerships to hostile government takeovers, where the Venezuelan Oil giant PDVSA, now controls the industry. The profits, even at these well-over the projected national needs, still do not seem to satisfy the budget.

This number does not include the automatic procedure performed when customer service is not operating, said a source.

USA Role Under Spotlight in Venezuela Crisis with Colombia Former Venezuelan Defense Minister Predicts Colombia Victory if Venezuela Pushes War By Jeremy Morgan Latin American Herald Tribune staff CARACAS -- A former Venezuelan defense and foreign minister warned Thursday that his country could face defeat in a war with neighboring Colombia, and he ...

Lance Winslow Level: Platinum Greetings to Everyone, I am a retired Franchisor, Business Consultant, Philantropist and I run a Think Tank, as well as do a lot of Traveling, ... Back when oil was trading at above $150 per barrel, Hugo Chavez the President of Venezuela, made a deal with the Russians to buy $15 Billion worth of late model Mig Fighter ...

Colombia's government said on Thursday Venezuelan soldiers blew up two small pedestrian bridges that stretch across their border in the latest incident to test diplomatic ties between the Andean neighbors.

OBAMA and his vermin horde of socialists and eco-fascists have set us on a path similar to the hazardous road Chavez put his PEOPLE ON a decade ago.

With Venezuelan troops mobilised on the border with Colombia, and Peru accusing Chile of military espionage, bilateral tensions are once again flaring across Latin America.

An alliance between Iran and Venezuela is a necessity at this point in time according to Iranian President Mahmoud Ahmadinejad, Venezuelan officials said here Wednesday, AFP reported.

Venezuela has shown little interest in curbing the number of illegal flights hauling Colombian cocaine from its territory for the United States and Europe, a U.S. official said on Wednesday.

Venezuelan President Hugo Chavez said on Wednesday the South American nation's unexpectedly high third-quarter economic contraction was due to its compliance with OPEC-mandated production cuts.

It was the second consecutive quarterly decline, with the economy dipping 2.4 percent in the April-June period after a small 0.3 percent rise in the first three months.