Blast at Venezuela oil refinery kills 39

• Sunday, 26th August 2012
• by Egypt Oil & Gas

An explosion rocked the Amuay oil refinery in northwestern Venezuela, killing 39 people, including a 10-year-old boy, a Venezuelan official said Saturday.

Exxon Mobil: $908 M awarded in Venezuela dispute

• Tuesday, 3rd January 2012
• by Egypt Oil & Gas

An international arbitration body has awarded Exxon Mobil Corp. nearly $908 million in a dispute with Venezuela over compensation for the nationalization of its assets, the company said Sunday.

Venezuela, South Africa Explore Orinoco Oil Deals

• Wednesday, 3rd September 2008
• by Egypt Oil & Gas

Venezuela's President Hugo Chavez met with his South African counterpart Thabo Mbeki Tuesday in a meeting where both leaders vowed to explore joint oil projects in the Orinoco basin.