By Correo del Orinoco International , Apr 28th 2012
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.
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.
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.
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?
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.
"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
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.
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.
