It is estimated that this year the program will help more than 100,000 families in 25 states plus the District of Columbia, including members of more than 240 Native American communities and more than 200 homeless shelters.
Once fires were completely extinguished yesterday, national government institutions began investigating the cause of the recent explosion in Venezuela’s largest refinery. The government has designated large amounts of compensation to victims’ families, and together with community members is helping to repair damaged housing.
The Venezuelan government has confirmed that 41 people have been killed in a gas explosion at the country's biggest oil refinery in Amuay, located in the western state of Falcón. An immediate investigation has been launched into the causes of the accident.
In his first public statement on his prospective oil policy were he to be elected, opposition candidate Capriles Radonski said that he would put an end to Venezuela’s current preferential oil deals with governments abroad, in favour of spending the revenue from the country’s petroleum industry on domestic “social programs”.
Venezuela President Hugo Chavez met with Argentine Planning Minister Julio De Vido last Monday in Caracas for discussions that saw the head of the Caribbean nation invite his South American allies to join in the oil exploitation of the largest crude reserves in the world.
The Venezuelan government has reiterated its commitment to implement the electronic tagging of cars to combat contraband in fuel sales, despite an opposition campaign against the initiative.
Venezuela’s state gas enterprise PDVSA Gas reached a compensation agreement with companies Wilpro El Furrial and Wilpro Pigap II over the nationalisation of their gas compression and injection plants.
Venezuelan Environmental Minister Alejandro Hitcher has confirmed that the government has managed to contain over 90% of the leaked crude oil which escaped into the Guarapiche River when a pipeline ruptured on the 4th of February.
Venezuelan President Hugo Chavez returned to his weekly talk show programme last night, after his cancer diagnosis in June last year caused it to be cancelled for over seven months. On the show Chavez argued that the claim brought by Exxon against Venezuela's PDVSA was "about imperialism".
CITGO President and CEO Alejandro Granado and Citizens Energy Chairman Joseph P. Kennedy II launched the seventh consecutive year of the CITGO-Venezuela Heating Oil Program today in New Jersey.
Venezuela's position as OPEC's biggest producer in Latin America has allowed the administration of Hugo Chavez to provide energy resources to Caribbean and Central American countries as the cornerstone of its regional geopolitics and diplomacy policies that aim at strengthening ties with its allies.
An international arbitration panel dismissed a claim by Brandes Investment Partners against Venezuela seeking damages for the forced sale of its stock in the nationalization of the country’s phone company, state-oil company Petroleos de Venezuela SA said today in a statement.
