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  • July 10, 2014
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Results 1 - 9 of 9 for venezuela

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  1. Sinopec turns Venezuela units into joint ventures

    Posted Jun 29th 2007, 12:00am by Eric Ng

    ... Eric Ng China Petrochemical Corp, parent of listed China Petroleum & Chemical (Sinopec), had joined six other global oil firms in changing their business arrangements with Venezuela ... after President Hugo Chavez ordered state oil firm Petroleos de Venezuela (PDV) to take over operations of heavy oil projects in the Orinoco Basin from May 1. Foreign investors were given until ...

  2. Cartel considers raising basket price

    Posted Dec 31st 2004, 12:00am by James Lee

    ... Arabia), Dubai (United Arab Emirates), Tia Juana Light (Venezuela), and Isthmus (Mexico, which is a not a member of Opec). ...

  3. Saudis know they have Opec over a barrel

    Posted Jun 14th 2011, 12:00am

    ... in Vienna. Yes, Tehran managed to rally Venezuela, Iraq, Algeria, Angola (and what remains of Libya) to its side to block Riyadh's proposed 1.5 million barrels-a-day increase in output. ... the political fortunes of Iran, Venezuela and Algeria in the palm of their hands. Yet Riyadh's main fillip is not just within the cartel, but with consumers. Room for manoeuvre has closed, ...

  4. Crude pierces US$68, Asian equities retreat

    Posted Aug 26th 2005, 12:00am by Staff Reporter

    ... to form a joint venture with Petroleos de Venezuela to develop and manage oil fields in Venezuela, Bloomberg reported. ...

  5. Oil on the Brain

    Posted Feb 17th 2008, 12:00am by Charmaine Chan

    ... to show how prices are set, as well as petrostates such as Venezuela, Chad, Iran and Nigeria. It includes what seems like a side trip to Beijing and Shanghai, where Margonelli checks out ...

  6. Energy counters gain ground on oil's advance

    Posted Feb 13th 2008, 12:00am by Nick Westra

    ... to US$93.59 per barrel, the highest in almost a month, after Venezuela threatened at the weekend to cut its fuel exports to the US. However, a senior Venezuelan official said yesterday the country ...

  7. Business - Commodities - RESOURCES

    Canadian oil sands lure Chinese investors (video)

    Posted Nov 12th 2012, 12:00am by Eric Ng

    ... pumping to unlock the energy wealth. Ranking after Saudi Arabia as a rich source of conventional oil, Venezuela and Canada are respectively the world's second and third-largest oil reserves ...

  8. China oil shock to shake the world

    Posted Aug 31st 2010, 12:00am by Kevin Rafferty

    ... US cents a litre in Venezuela to 16 US cents in Saudi Arabia and a relatively expensive 40 US cents in Iran. But as the CFR report suggests, the writing is on the wall unless the world both ...

  9. We're staring down the US$100 oil barrel

    Posted Jun 05th 2004, 12:00am by Michael Preiss

    ... countries- Iran, Iraq, Saudi Arabia, Kuwait and Venezuela- formed a loose coalition called the Organisation of Petroleum Exporting Countries, oil was priced at less than US$2 a barrel and the US ...



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