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Oil and Gas

Venezuelan Report: Refinery Disaster Caused by Intentional Manipulation of Gas Pump Bolts

Petroleum and mining minister Rafael Ramirez presenting the report of the investigation into the Amuay tragedy (AVN)

Following government allegations a fortnight ago that last year’s Amuay refinery disaster was caused by sabotage, authorities have now released a full report with details of the year-long investigation.

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Venezuela to Appeal World Bank Ruling on ConocoPhillips Compensation Claim

Venezuela has the largest proven oil reserves in the world, according to the government. The Orinoco belt alone could contain as

 Venezuela's oil and mining minister and head of the country's state oil company, Rafael Ramirez, has stated the government will appeal a World Bank ruling against the 2007 expropriation of oil assets of ConocoPhillips.

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Extraction-ism, Movements, and Revolution

Some days ago a meeting was held in Caracas to debate the relationships between movements and states, and how autonomy and popular power can build alternatives to development that is dependent on the extraction [of oil and minerals] model. 

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Venezuela: War for oil fuels economic crisis

Workers' Mercal, a program for subsidised food that will benefit 23,000 workers in 32 public institutions, was launched thr

With Venezuela’s inflation rate for May soaring to 6.1%, first quarter growth stagnating at 0.7%, and shortages afflicting a number of basic goods, speculation has been rife regarding the country’s economic future.

 

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Eighth PetroCaribe Summit Focuses on Economic Integration between Venezuela and Caribbean

In order to "strengthen, streamline and consolidate" the organization, the development will focus in particular on tra

At the eighth summit of the Latin-American organization PetroCaribe held yesterday in Managua, Nicaragua, representatives from 21 countries agreed to further the creation of a special economic zone to foster the region’s development.

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Why Did the US Government and Big Oil Hate Chavez?

Greg Palast: Chavez made big oil pay serious royalties which he used for social programs, he enjoyed majority support in many elections, but American media vilifies Chavez as a dictator

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Venezuela: Can the Revolution be Liberated from the Oil Economy?

The international media totally misreads the Venezuelan people on President Hugo Chavèz (currently battling serious illness) argues Professor Miguel Angel Nuñez, an adviser to Chavèz on agro-ecology, in an interview with Green Left TV. The interviewers were Jim McIlroy and Coral Wynter, authors of Voices from Venezuela. Filmed and edited by Peter Boyle.

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Eighth Annual Citgo-Venezuela Heating Oil Program Launched

The program was launched at the Night of Peace Family Shelter in Baltimore (CITGO)

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.

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The Achievements of Hugo Chavez: An Update on the Social Determinants of Health in Venezuela

AFP/File, Rodrigo Arangua

One of the main factors for the popularity of the Chávez Government and its landslide victory in October 2012 is the reduction of poverty, made possible because the government took back control of the national petroleum company PDVSA, and has used the abundant oil revenues to build needed infrastructure and invest in the social services that Venezuelans so sorely needed.

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The 2002 Oil Lockout: 10 Years Later

Venezuela this week marked ten years since the opposition’s two-month sabotage of Venezuela’s oil industry and economy in an

Building nearly a million homes, strengthening the national healthcare system, and creating productive sources of new employment are just a few of the things the national government could have done with the $20 billion dollars lost during the oil lockout launched by the Venezuelan opposition on December 2, 2002.

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