- Intel Profit, Outlook Both Top Expectations; Shares Leap
- Democratic Healthcare Bill Calls for Tax Hikes, Mandates
- Faber Report: SEC Settles with Kozlowski—Finally
- 3 Hot Stocks In An Otherwise Tepid Market
- Madoff Begins Life Sentence at Prison in Butner, NC
- US to See Slow Recovery; Inflation a Threat: Hoenig
- Yum Brands Profit Tops Forecast, But Shares Fall
- Dollar Stores: Are You Getting What You Bargained For?
- Porn Consumption: The Leading US States
- Time Warner and Comcast's Web TV Venture Gains Partners
- Intel Blows Past Earnings
- Dollar Stores: Are You Getting What You Bargained For?
- Top Bank Stock Picks — and Pans: Strategists (Pt. 2)
- Top Bank Stock Picks — and Pans: Strategists (Pt. 1)
- Buy These Discount Store Stocks: Top Analyst
- Investment Strategies Now: Bull vs. Bear Picks
- 'Twittering' One's Thumbs During Bank Robbery
- Schork Oil Outlook: 'Oil Bulls are Hanging in There by Their Fingernails'
- Chinese chemical plant blast kills 1, injures 108
- Iowa slaughterhouse child labor trial pushed back
- Senators back limit on tarmac strandings
- Boeing memo shows plans to cut 1,000 defense jobs
- Official: Venezuelan oil workers must be socialist
- Landmark bridal boutique in Mass. to close
- Ex-GM boss Wagoner gets $10M in retirement
- Federal appeals court throws out Scruggs deal
- Blixseth's MT bankruptcy lawyer says he's staying
Bolivia says foreign oil ventures seek arbitration
Text Size 
LA PAZ, Bolivia - A Bolivian energy official says three international oil ventures will seek arbitration in a dispute over nationalized assets.
State oil company chief Carlos Villegas says the German-Peruvian Compania Logistica de Hidrocarburos de Bolivia and two affiliates of London-based BP Plc have officially informed the government that they will press claims.
Sheila Williams, a BP spokeswoman in London, said BP is in discussions with the government and could not comment.
The BP ventures are Air BP, which supplied fuel at 15 Bolivian airports, and Empresa Petrolera Chaco, which developed natural gas in eastern Bolivia, according to BP's Web site.
Bolivia's state oil company took control of the two in May 2008 and January this year.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Print
Email
Data is a real-time snapshot *Data is delayed at least 15 minutes