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Bloomberg
Jan 29
Comment
Venezuelan companies approved to
buy up to $9 billion from the central bank prior to the
country’s devaluation will have to pay the new weaker rate,
boosting their costs by 20 percent, Banco Santander SA said.
Wall Street Journal
Jan 29
Comment
Venezuela received bids to drill for oil in Carabobo area, with Chevron, Repsol and others participating. Official results of the auction aren't expected to be announced until Feb. 10
Upstream Online
Jan 28
Comment
Venezuela will go ahead with its planned auction of blocks in the Carabobo 1
area in Orinoco extra heavy oil region despite rumours that it may be
delayed due to unrest in the country.
Upstream Online
Jan 28
Comment
Norwegian state-controlled Statoil will not bid to become a partner in a
development to pump 400,000 barrels per day from Venezuela’s Orinoco Belt.
Upstream Online
Jan 28
Comment
France's Total said Venezuela’s auction of oilfields containing about 15
billion barrels in the Orinoco Belt are not attractive because of taxes.
Clusterstock
Jan 28
Comment
Hugo Chavez may have ruined his country beyond the point of peaceful repair.
In a reversal of eleven years in office, the Marxist president is today holding an auction for drilling rights to the valuable Carabobo oil field. The foreign oil...
OilVoice
Jan 28
Comment
Venezuelas staterun Petroleo de Venezuela PdVSA has signed three separate strategic agreements with Italian oil industry major Eni. The freshly inked deals include a contract for the development o
Upstream Online
Jan 27
Comment
A Venezuela oil ministry official confirmed it is ready to receive bids
tomorrow on the long-anticipated Carabobo drilling round, where seven
promising extra-heavy crude blocks are on auction.
CANOE.ca
Jan 27
Comment
CARACAS, Venezuela - Thousands of university students protested against President Hugo Chavez again Tuesday, accusing the socialist leader of forcing an opposition-allied TV channel off cable and satellite as a means of silencing his critics.
Upstream Online
Jan 26
Comment
Italy's oil and gas giant Eni expects to extract the first oil from the Junin
5 Block it will jointly develop with Venezuela's state-owned PDVSA in 2013,
ahead of the original 2014 start-up date.
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