Search Results
Venezuela strips oil giants of £15bn crude projects
Venezuela stripped the world’s biggest oil companies of operational control over massive Orinoco Belt crude projects on Tuesday, a vital move in President Hugo Chavez’s nationalisation drive.
The May Day takeover came exactly a year after Bolivian President Evo Morales, a leftist ally of Chavez, startled investors by ordering troops to seize his country’s gas fields, [...]
