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Analysis: Oil and Gas

Venezuela Stands with Argentina in Struggle for Energy Sovereignty

Argentine President Cristina Fernandez de Kirchner

Venezuela was the first to express its full “support and solidarity” for Argentina as President Cristina Fernandez de Kirchner decided to assert greater control over the country’s natural energy resources.

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ALBA Expands its Allies in the Caribbean

A look at the recent regional shift towards ALBA, and organisation which the author feels has become a more dynamic alternative to CARICOM. Many Caribbean countries, as neoliberalism hits hart, are also looking more towards Venezuela than the US for alliances.

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Venezuela's Opec Stand is a Win for Climate Change Campaigners

Environmentalists seem to realize that they have some stake in a fight such as the Ecuador-Chevron lawsuit...But what about fights between multinational oil giants and the governments of oil-producing states over control of resources?

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We Have to Get Out of the ICSID

"We have to get out of ICSID" proclaims Hugo Chavez Frias during ´Hello, President´ on the 8th of January 2012. To understand why, let´s recap. States are sovereign. A state cannot be judged by other states or organisms, because it has jurisdictional immunity, which is inalienable. To hand that over is to loose sovereignty

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New PDVSA Gives Precedence to Social Investment and Integration

Before the Bolivarian Revolution, Petróleos de Venezuela, S.A. (PDVSA) the Venezuelan state-run oil company, was completely cut off from society and its needs. The strategic guidelines of the country’s oil industry were set abroad to favour large multinationals such as Exxon and Shell, among others.

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WikiLeaks Cables Show Haiti as Pawn in U.S. Foreign Policy

When WikiLeaks announced its plan to release tens of thousands of classified U.S. diplomatic cables to the public, the U.S. government feared a massive international backlash and threat to national security. In this analysis, COHA's Katie Soltis details how the U.S. tried to undermine Haiti’s oil deal with Venezuela in order to protect the vested interests of U.S. oil corporations, among other policies that prioritized U.S. interests over the Haitian people's.

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US-Venezuelan Relations: Just Frozen or Beyond Repair?

On 24 May the Obama administration imposed sanctions against Venezuela's state-owned oil company Petroleos de Venezuela (PDVSA), causing Venezuelan Minister of Foreign Affairs Nicolás Maduro to affirm “the relation (with the U.S.) is frozen." Can Washington really afford to antagonize a nation that exports nearly a million barrels per day to the U.S.? Should Venezuela turn off the taps, then the recent gasoline prices of nearly $4 a gallon will begin to look like a bargain.

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A State Department That Can

With due respect to the United States Department of State and Secretary Clinton, in regards to economic sanctions leveled under CISADA on Venezuela and six other foreign entities. Among the affected countries, only Venezuela is a nation in abject poverty. Oil is its primary export and the exceptionally devastating impact upon its people should be of specific consideration.

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“Yankees, Go Home!”

I am in Caracas, Vz today (May 29th)—a country I love and a people that I support with all my heart in their struggle against US imperialism and corporate interests so they can make their own lives better. Nine of us came from the US to support the people of Venezuela in rejecting the US economic sanctions that were imposed by the State Departments because, apparently, Venezuela sent two shipments of oil product to Iran.

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New WikiLeaked Cables Reveal How Washington and Big Oil Fought PetroCaribe in Haiti

How did Haiti’s “indispensable man” René Préval become so dispensable? A review of PetroCaribe’s genesis and the U.S. Embassy’s response to it provides a window into understanding why the U.S. has been so forceful in backing the U.S.-centric Martelly team over Préval’s two-timing sector.

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CITGO Launches 2011 Fueling Good Program to Reward Local Heroes

Previous winner of CITGO's "Fueling Good" competition, Bess the Book Bus, with kindergarten children and CITGO re

Despite the recent unilateral U.S. sanctions against Venezuelan state oil company Pdvsa, the company’s Houston-based subsidiary CITGO launched its 2011 ‘Fueling Good’ programme this week for the third year running.

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Interview: “When They Shoot at Venezuela, They’re Also Shooting at OPEC”

Interview with Álvaro Silva Calderón, former General Secretary of the Organization of Petroleum Exporting Countries (OPEC) during the 2002-2003 period. Calderón discusses the U.S. State Department's recently imposed unilateral sanctions against Venezuela's PDVSA, the attack on OPEC and Venezuela's struggle to maintain sovereignty over its abundant natural resources. 

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US Sanctions on PDVSA - Latest Imperialist Provocation

On Tuesday May 25, the US imposed penalties against Venezuelan state-owned company PDVSA, and another 6 companies from other countries, for conducting business with Iran.  The sanctions are part of an attempt by Washington to step up the pressure against Iran in relation to its nuclear program. They are also an act of blatant bullying directed against Venezuela.

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Interview: New Petrol Law Will Ensure that Profits from Crude-Oil Exports are Distributed to the People

Venezuela's Minister of Energy and Oil, Rafael Ramirez (Photo: Agencies).

In this interview translated by Venezuelanalysis, Venezuela's Minister of Energy and Oil, Rafael Ramirez, spoke to teleSUR reporters about the new “Special Contribution Law for the Extraordinary and Exorbitant Prices of Oil." Ramirez explains how the new law will promote the fair distribution of profits from the oil industry in the social areas that require the greatest level of investment from the Venezuelan state.

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President Hugo Chávez, backed by South American Presidents, Condemns the Attack on Libya

Protesters gathered outside of the Libyan Embassy in Caracas on Sunday, 20 March 2011, to stand in solidarity with the Libyan pe

On Saturday, Venezuelan President Hugo Chávez told South Americans on VTV and TeleSur that the attack on Libya by the West’s “men of war” is aimed at seizing the North African country’s oil reserves.

Also over the weekend, Venezuelan students and representatives of the Latin American left expressed their open rejection of the NATO attack on Libya's national sovereignty. SEE: Editor's Note.

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