Venezuela vows Orinoco oil takeover by May Day
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Venezuelan President Hugo Chavez on Thursday set the world's biggest oil companies a May Day deadline to surrender control of multibillion-dollar crude projects, accelerating his raft of nationalizations.
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A top U.S. diplomat warned Friday that Venezuela cannot afford to drive away the major oil companies affected by President Hugo Chavez's decision to takeover the nation's most promising oil-producing operations.
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Venezuelan President Hugo Chavez said Sunday he is waiting to hear from Colombia's largest rebel group about two rebel-held hostages that the guerrillas promised to release to the leftist leader last month.
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Venezuelan forces told to prepare for US invasion.
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BOGOTA/CARACAS  - Venezuelan President Hugo Chavez said a mission to pick up three hostages being held in Colombia by Marxist rebels would begin on Friday.
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Venezuela's oil industry will enter a new period of stability and growth after Sunday's referendum on Hugo Chavez's presidency, the president of the state-run oil company said Sunday.
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The leftist presidents of Brazil and Venezuela meet on Monday to cement a strategic alliance based partly on oil.
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Venezuela's left-leaning government on Tuesday promised to grant poor farmers at least 100,000 plots of land carved from either state property or large private holdings, a step toward implementing a controversial agrarian reform law, a top agricultural official said.
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Venezuelan President Hugo Chavez on Thursday set a May Day deadline for the world's biggest oil companies to surrender control of multibillion-dollar crude projects, speeding up nationalizations a day after he received powers to rule by decree.
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Venezuela's President Hugo Chavez yesterday threatened to cut off oil sales to the United States if ExxonMobil pursues international court orders it has obtained against billions of dollars of Venezuelan state assets in a contract dispute.
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Venezuela on Sunday ordered foreign oil firms operating in its huge Orinoco heavy crude belt to pay much higher taxes in what President Hugo Chavez called
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Venezuelan President Hugo Chavez threatens to cut off his country's oil shipments to the United States if a court ruling goes forward ordering Venezuelan assets be frozen in a case brought by Exxon Mobil.
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Venezuela's leftist President Hugo Chavez prepared to send helicopters into Colombia on Friday to pick up three hostages held for years by Marxist rebels, but they were unlikely to be freed until the weekend.
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By Pascal Fletcher CARACAS, Venezuela  - Venezuela on Sunday orderedforeign oil firms operating in its huge Orinoco heavy crudebelt to pay much higher taxes in what President Hugo Chavezcalled a drive to tighten sovereign control over petroleumresources.
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ConocoPhillips on Tuesday said Venezuela assumed control of its operations in the country after it was unable to reach an agreement with the government over the nationalization of two multibillion-dollar oil projects.
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A sizable group out of the  six foreign oil majors negotiating with Venezuela the  nationalization of multibillion dollar projects are about to  sign deals, the OPEC member&#39;s energy minister said on  Wednesday.
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Supporters of President Hugo Chavez marched through Caracas on Sunday, demanding respect for Venezuela's sovereignty following U.S. criticism and Colombia's acknowledgment that it paid a bounty to capture a rebel on Venezuelan soil.