Chavez takes over foreign-controlled oil projects in Venezuela
-
Chavez takes over foreign-controlled oil projects in Venezuela
Tuesday, 1st May 2007
Venezuelan President Hugo Chavez seized control of the last remaining oil projects in Venezuela controlled by large American and European energy companies. The move to take over the projects, announced in January, is the centerpiece of recent actions aimed at consolidating his government’s control over the economy.
Latest News
-
Egypt Plans to Achieve Diversity in Clean Energy Resources by 2025: El Molla
-
GUPCO to Invest $562 MM in FY 2020/21
-
El Molla reviews plan of Natural Gas Delivery to 1.2 MM Households
-
Egypt Launches First Natural Gas Stations App
Subscribe to Newsletter

Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.81 | -0.77% |
Crude Oil (Brent) Brent | USD/bbl | 63.72 | -0.55% |
NYMEX Natural Gas | USD/MMBtu | 2.80 | -0.46% |
OPEC Basket Price | USD/bbl | 61.97 | -3.53% |
Last Modified March 4, 2021