ChÃ¡vez, China cooperate on oil, but for different reasons
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The Venezuelan president touts Beijing's $4 billion investment as another punch in his bid to undermine US clout. China is more pragmatic.
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Oil-rich nations brushed off a push by Venezuelan leader Hugo Chavez to cut production, but he used the OPEC meeting to push for expanding the cartel&#039;s membership and praised Bolivia&#039;s nationalization of its natural gas industry.
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RBC, 19.11.2004, Moscow 17:06:44.Gazprom will cooperate with India-based Gas Authority of India Limited (GAIL) focusing on energy supplies to this country.
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Rising oil prices are expected to hit China's growth rate this year.
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CARACAS -- President Hugo Ch&#xE1;vez ordered by decree yesterday the takeover of oil projects operated by foreign oil companies in Venezuela's Orinoco River region. Ch&#xE1;vez previously announced the government's intention to take a majority stake by May 1 in the four heavy oil-upgrading projects run by British Petroleum PLC, Exxon Mobil Corp. , Chevron Corp., ConocoPhillips Co., Total SA, and ...
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LEAL, Sudan -- On this parched and dusty African plain, China's largest energy company is pumping crude oil, sending it 1,000 miles upcountry through a Chinese-made pipeline to the Red Sea, where tankers wait to ferry it to China's industrial cities. Chinese laborers based in a camp of prefabricated sheds work the wells and lay highways across the flats to ...
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China, hosting its first major energy  summit on Saturday, urged top oil consumers to join together in  the face of resurgent producer power and sought to paper over  differences on how best to achieve energy security.
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Havana, Dec 26 (Prensa Latina) An oil field discovery, the promising evolution of the nickel industry and benefits from strengthening ties with China and Venezuela, are among the good news given by President Fidel Castro to the Cuban people.
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The worldâs top oil producers appear divided about how to respond to the threat of a sluggish global economy, and thus OPECâs meeting in Vienna on Tuesday may be contentious.
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When Venezuela recognized China's status as a market economy last week, Beijing secured yet another pawn in a low-key battle it is waging against the United States and Europe, analysts said.
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China&#39;s thirst for oil has brought it to the doorstep of the United States. Chinese energy companies are on the verge of striking ambitious deals in Canada in efforts
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China wants to start direct negotiations with OPEC to secure a stable oil supply and an equitable share of the oil market, a top official said here Monday, in comments that underline the Chinese economy's rapidly growing energy needs.
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At a time when the nation is chafing at its dependence on foreign oil, it is becoming clear that the United States may be headed for the same situation with natural gas.
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But few practical steps are being taken to move China's burgeoning economy away its heavy dependence on fossil fuels.
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CARACAS, Venezuela President Hugo ChÃÂ¡vez of Venezuela has long pledged to buck Washington-backed economic policies in Latin America. Now, two months after winning reelection and consolidating his hold on the country with new powers to rule by decree, he is strengthening economic ties in the region...
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Ch&#225;vez unlikely to cut off exports because as much as the world needs oil, Venezuela needs customers.
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China's oil output has seen nearly flat growth this year, failing to keep up with the country's booming economy and forcing it to rely on coal and imported crude instead.