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  1. beyondbrics

    November 13, 2013

    PDVSA eyes $4.5bn bond sale - but who will buy?

    Roll up, roll up, come get your Venezuelan bonds. That appears to be the message from Venezuelan oil minister Rafael...

  2. beyondbrics

    October 18, 2013

    Venezuela: no devaluation coming!

    Rafael Ramirez, Venezuela’s vice-president in charge of economic policy and current oil minister, has a message for the...

  1. April 22, 2013

    New Caracas finance minister raises hopes

    The appointment of a new finance minister by Venezuela’s president, Nicolas Maduro, has raised hopes of a more pragmatic...

  2. beyondbrics

    February 11, 2013

    Venezuelan dollar bonds: rally time

    For all the moaning in Venezuela about last Friday’s devaluation (which the most cynical critics were saying was absolutely...

  3. beyondbrics

    January 30, 2013

    Venezuela: the Russians are back

    (L) Igor Ivanovich Sechin, CEO of Rosneft and (R) Rafael Ramirez, Venezuela’s energy minister The Russians are back in...

  4. beyondbrics

    January 29, 2013

    Venezuela: freeing up more dollars

    Venezuelans are waiting anxiously for some kind of economic adjustment, which some have interpreted to mean there may be a...

  5. beyondbrics

    December 10, 2012

    Nicolas Maduro: from bus driver to Chavez's political heir

    It was no surprise that Venezuelan bonds rallied strongly on Monday after Hugo Chávez named Venezuela’s vice-president,...

  6. February 28, 2012

    UN rights body to vote on Syria violence

    The UN Human Rights Council is preparing to vote on a resolution calling for an end to all attacks on Syrian civilians as...

  7. February 12, 2012

    Venezuela picks candidate to face Chávez

    Venezuelans voted on Sunday in an opposition primary expected to name a young state governor to challenge Hugo Chávez this...

  8. beyondbrics

    February 9, 2012

    PDVSA: big talk but can it deliver?

    Although the exact level of Venezuela’s oil production has been shrouded in mystery for almost a decade now, there is no...

  9. January 16, 2012

    Venezuela tightens control of oil industry

    Venezuela has made another push to increase control over its oil industry, announcing plans to leave the World Bank’s...

  10. beyondbrics

    December 1, 2011

    Cemex Venezuela: we're outta here

    The $600m compensation agreement that Cemex finally reached with Venezuela’s government after its subsidiary...

  11. beyondbrics

    September 22, 2011

    Venezuela to Exxon: umm, about that $6bn compensation?

    If anyone needed reminding about the hopelessly haphazard workings of Hugo Chavez’s administration, a prime example was...

  12. September 22, 2011

    Venezuela ready to pay Exxon only $1bn

    Venezuela will pay ExxonMobil $1bn in compensation for assets nationalised in 2007, far less than the $6bn the world’s...

  13. May 2, 2011

    Venezuela downplays oil tax hike

    Venezuela has tried to reassure foreign investors after Hugo Chavez, the country’s left-wing president, imposed a 95 per...

  14. October 13, 2010

    Opec set to maintain oil production limits

    The Opec oil cartel is set to maintain its current production limits at a meeting on Thursday, according to the emerging...

  15. June 24, 2010

    Venezuela to nationalise US oil rigs

    Venezuela is nationalising 11 oil rigs belonging to US driller Helmerich & Payne, the latest in a series of takeovers in...

  16. May 14, 2010

    Chávez tweets news of Venezuela gas rig sinking

    A rig drilling for gas in Venezuela sank in the early hours of yesterday, writes Carola Hoyos on the FT's Energy Source...

  17. April 22, 2010

    Solid PDVSA results allay bond worries

    Venezuelan state oil company PDVSA's apparently sturdy financial performance last year has damped market speculation that it...

  18. May 26, 2009

    Market cautious ahead of Opec meeting

    Saudi oil minister Ali Naimi said yesterday that Opec would "probably stay the course", suggesting the oil cartel would...

  19. May 25, 2009

    Oil market cautious before Opec meeting

    Ali Naimi, the Saudi oil minister, said Opec would “probably stay the course”, suggesting that the oil cartel would leave...

  20. March 5, 2009

    Business warns Caracas on food quotas

    The Venezuelan government’s introduction of production quotas for staple foodstuffs governed by price controls was strongly...

  21. June 20, 2008

    Opec cracks open ahead of summit

    Venezuela yesterday said it would snub Sunday's oil summit in Jeddah, revealing the deepening rift within the Opec cartel...

  22. June 20, 2008

    Venezuela to snub Saudi Arabia over call for Opec summit

    Venezuela yesterday said it would snub Sunday's oil summit in Jeddah, revealing the deepening rift within the Opec cartel...

  23. March 1, 2008

    Eni to inject $4bn into Venezuela oil project

    Eni, the Italian oil and gas group, plans to invest $4bn in Venezuela, the biggest commitment to the country by a western...

  24. March 1, 2008

    Eni to put $4bn into Venezuela oil project

    Eni, the Italian oil and gas group, plans to invest $4bn in Venezuela, the biggest commitment to the country by a western...

  25. February 8, 2008

    Venezuela plays down Exxon’s assets freezes

    Rafael Ramirez, Venezuela’s energy minister, on Friday rejected concerns that PDVSA, the state oil company, would be...

  26. January 12, 2008

    Tape measure of success

    User-generated business began years before the internet made it fashionable. Look no further than your nearest furniture...

  27. January 12, 2008

    Tape measure of success

    Roughly five years after internet users caught on, the bookshops are suddenly full of books about the user-generated content...

  28. November 17, 2007

    Opec nations in clash over mention of dollar's weakness

    Opec countries meeting in Saudi Arabia clashed yesterday over the declaration to be made by leaders at this weekend's...

  29. November 17, 2007

    Leak reveals Opec clashes

    Opec membersclashed yesterday over the declaration to be made by leaders at this weekend's summit in Saudi Arabia, as...

  30. November 17, 2007

    Opec nations clash over weak dollar

    Opec countries meeting in Saudi Arabia clashed yesterday over the declaration to be made by leaders at this weekend's...

  31. November 16, 2007

    Opec nations clash over weak dollar

    Opec countries meeting in Saudi Arabia clashed on Friday over the declaration to be made by leaders at this weekend’s...

  32. July 4, 2007

    Opec and UK terror attacks push oil higher

    Oil prices yesterday pushed firmly ahead to a new high, supported by low US petrol and heating oil inventories. Continued...

  33. July 3, 2007

    Oil pushes ahead while lead hits new record

    Oil prices on Tuesday pushed firmly ahead to a new high, supported by low US petrol and heating oil inventories. Continued...

  34. June 27, 2007

    Venezuela takes over Orinoco oil projects

    Venezuela's state-owned oil company is taking over multibillion-dollar projects owned by ConocoPhillips and Exxon Mobil,...

  35. June 26, 2007

    Venezuela takes over US oil projects

    Venezuela’s state-owned oil company is taking over multibillion-dollar projects owned by ConocoPhillips and ExxonMobil,...

  36. June 19, 2007

    Ideals give way to re-runs on Venezuelan state TV

    Workers manning the drills in an oil field off the coast of Venezuela nod in agreement when told that they are in the...

  37. April 30, 2007

    April 30: May Day moves in Venezuela

    President Hugo Chávez on Tuesday will tighten state control of Venezuela’s oil industry by sending soldiers and maybe one or...

  38. April 16, 2007

    Tensions on ethanol set to dominate summit

    Tension between Venezuela and Brazil over ethanol policy threatens to overshadow a regional energy summit being hosted by...

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