GO
Loading...

Enter multiple symbols separated by commas

Business Venezuela

More

  • Tuesday Look Ahead: All Eyes on GM Monday, 11 Feb 2008 | 7:38 PM ET

    Stocks rode higher Monday ahead of General Motors' Tuesday earnings report, so you can bet it will be a big feature of Tuesday morning's trading.

  • Chavez Threatens to Seize Foreign Milk Plants Monday, 11 Feb 2008 | 3:17 PM ET

    Venezuelan President Hugo Chavez on Sunday threatened to seize milk plants owned by Switzerland's Nestle and Italy's Parmalat if they muscled state producers out of the market.

  • Venezuela Moves Bank Accounts After Exxon Freeze Monday, 11 Feb 2008 | 3:13 PM ET
    Hugo Chavez

    Venezuela has begun moving oil revenue into Swiss banks to avoid a possible seizure of funds by Exxon Mobil in a legal tussle that pits leftist anti-U.S. President Hugo Chavez against America's biggest company.

  • Chavez Says May Halt Oil Supplies Over Exxon Fight Sunday, 10 Feb 2008 | 4:19 PM ET
    (AP Photo/Donna McWilliam)

    President Hugo Chavez Sundaywarned he would halt oil supplies to the United States if it continued to attack Venezuela as he said it had done with an Exxon Mobil lawsuit freezing assets of the OPEC nation.

  • Venezuela Decries 'Judicial Terrorism' From Exxon Friday, 8 Feb 2008 | 3:48 PM ET
    (AP Photo/Donna McWilliam)

    Venezuela's top oil official accused Exxon Mobil of "judicial terrorism," but said court orders won by the oil major do not amount to confiscation of $12 billion in assets.

  • Courts Freeze $36 Billion in Venezuela Oil Assets Thursday, 7 Feb 2008 | 3:41 PM ET
    (AP Photo/Donna McWilliam)

    Exxon Mobil has moved to freeze up to $36 billion in Venezuelan assets around the world as the U.S. company fights for payment in return for the state's takeover of a huge oil project last year.

  • Exxon, Chevron Earnings Soar on Record Oil Prices Friday, 1 Feb 2008 | 11:46 AM ET
    Oil_pump2.jpg

    Exxon Mobil posted the highest-ever quarterly and yearly profits by a U.S. company, while Chevron said its fourth-quarter earnings rose 30 percent.

  • OPEC Leaves Oil Production Unchanged Wednesday, 5 Dec 2007 | 10:22 AM ET
    Abu Dhbai

    OPEC agreed on Wednesday to keep exports unchanged, rebuffing consumer country calls for more crude to rein in $90-a-barrel oil.

  • OPEC May Consider Boost In Oil Output Wednesday Tuesday, 4 Dec 2007 | 5:25 PM ET
    Abu Dhbai

    OPEC's big Gulf producers are keeping the door open for higher oil exports when the group meets Wednesday in Abu Dhabi.

  • Venezuela Rejects Chavez Bid for More Power Monday, 3 Dec 2007 | 1:21 PM ET
    Hugo Chavez

    Humbled by his first electoral defeat ever, President Hugo Chavez said Monday he may have been too ambitious in asking voters to let him stand indefinitely for re-election and endorse a huge leap to a socialist state.

  • Venezuelans Vote in Tightly Contested Referendum Sunday, 2 Dec 2007 | 4:10 PM ET
    Hugo Chavez

    Venezuelans voted in a tightly contested referendum Sunday on whether to allow left-wing President Hugo Chavez to stay in power for as long as he keeps winning elections or hand him his first defeat at the polls.

  • Chavez Ups The Ante Friday, 30 Nov 2007 | 5:50 PM ET
    Hugo Chavez

    A constitutional referendum in Venezuela on Sunday is expected to significantly consolidate the power of President Hugo Chavez -- paving the way for a lifetime presidency and possibly an era of strong-man socialism -- but is not expected to fundamentally alter economic relations with the U.S., which are dominated by oil trade, analysts said Friday.

  • Venezuela Wants to Move Away from Dollar Oil Prices Tuesday, 27 Nov 2007 | 8:12 AM ET

    Venezuela on Tuesday called for oil to be priced and billed in currencies other than the weak U.S. dollar, which has eroded producer nations' purchasing power.

  • ConocoPhillips 'Encouraged' by Venezuela Talks Wednesday, 3 Oct 2007 | 3:06 PM ET

    ConocoPhillips Chief Executive James Mulva said on Wednesday he was "encouraged" by talks with Venezuela on reaching a compensation deal over the seizure of the oil company's assets there.

  • Saudis 1, Everyone Else 0 Tuesday, 11 Sep 2007 | 2:23 PM ET

    So there we have it. A long, drawn out battle has been won once again by the globe’s mightiest oil producer: Saudi Arabia.

  • OPEC Considers Push for Modest Production Boost Monday, 10 Sep 2007 | 2:03 PM ET

    OPEC weighed a push by some members Monday to modestly boost its production quota amid stubbornly high oil prices and expectations of a spike later this year in the global demand for crude.

  • Venezuela Plans to Buy Back Debt, Avoid Devaluation Tuesday, 17 Jul 2007 | 1:16 PM ET

    Venezuela will buy back debt as part of a general policy of reducing its debt-servicing payments but, for now, will hold off on announcing details of its plan, the OPEC nation's economy minister said on Tuesday.

  • The Advantages of Being Chummy With Chavez Friday, 6 Jul 2007 | 7:01 PM ET

    A South American alliance might get Argentine steelmaker Ternium the pass it needs to continue doing business in Venezuela.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • The Hugo Chavez Discount Friday, 6 Jul 2007 | 6:58 PM ET

    Thanks to the man who puts fear into the hearts of greedy capitalists everywhere, companies that do business in Venezuela can be had on the cheap.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • Petro-Canada Joins Oil Companies Abandoning Venezuela Wednesday, 27 Jun 2007 | 8:12 PM ET
    Petro Canada

    Petro-Canada has decided to pull out of Venezuela and has reached an agreement with the state oil company on compensation for its oil investments, the Venezuelan government said.