Venezuela | Egypt Oil & Gas - Part 8

Blast at Venezuela oil refinery kills 39

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

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

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.

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