KINGSTON, Jamaica-- Curacao's former leader was holed up Sunday inside what used to be his official offices, accusing the acting governor of overstepping her constitutional powers by forming an interim government three weeks before general elections on the Dutch Caribbean island.
The Venezuelan president pledged to invest $130 billion in Venezuela's Orinoco Oil Belt between 2013 and 2019 to boost national production from 3 million barrels per day to 6 million bpd, doubling output to make it OPEC’s second-largest producer after Saudi Arabia, knocking Iran into third place.
For a variety of reasons there still exist many untapped oil fields in the world. Those reasons may be political, technological, geological, or economical; but as time goes on they are being resolved to the extent that some huge fields are now becoming available for exploration and production.
One day after the market’s second-worst session of the year, two portfolio managers shared their best ideas for finding value in a volatile market with CNBC's “Squawk Box.”
Fidelity's John Carlson says there's still plenty of opportunity to diversify with emerging market debt, for which the China slowdown is less of a drag.
James Kieffer, Artisan Partners managing director, and John Carlson, Fidelity fund manager, reveal their top stock picks, and where investors can find global growth opportunities in emerging markets.
Michael Bagley, president of corporate intelligence firm Jellyfish Operations, and security expert Jennifer Giroux discuss how companies can plan and react in hostile environments.
Venezuela now boasts the world's largest proven oil reserves but the claim is “irrelevant” because the Latin American producer is struggling to secure enough investment and technical expertise to unlock the resource, Ed Morse, Managing Director and Global Head of Commodities Research for Citigroup Global Markets told CNBC.
CNBC's Kelly Evans reports OPEC leaders agree to keep its oil production ceiling unchanged.
A twenty-five percent plunge in oil prices might seem to make curbing the supply of crude a no-brainer for the world’s oil producers. And yet it looks increasingly possible that the 161st ordinary meeting of OPEC in Vienna this week could end in a virtual stalemate
President Hugo Chávez has registered as a candidate for Venezuela’s October election late on Monday – dispelling doubts over whether the cancer-stricken incumbent’s health would prevent his running, the FT reports.
Argentina’s move to seize the local energy assets from Spanish oil and gas giant Repsol has spurred condemnation from the European Union's parliament and has led to worries about more anti-free market policies in Latin America.
As the dust settles on the announcement that Argentina would seize control of assets owned by Repsol-backed energy company YPF, many are worried that other companies will shy away from investment in the South American country.
There was a wide-ranging change of the guard in Europe and the Middle East in 2011. Here are 10 other elections that could change the game of global politics in 2012.
With the most recent data from the Energy Information Administration and the CIA World Factbook, here are the countries with the biggest proven oil reserves.
Gasoline futures are rallying on yet another refinery closure.
Iranian President Mahmoud Ahmadinejad’s five-day tour of Latin American countries comes at a time of rising tensions with the United States and growing international isolation. The US State Department described Iran’s search for friends as “desperate,” while US Treasury Secretary Timothy Geithner is expected to ratchet up the pressure in a visit to China and Japan.
2011 was a volatile year for investors. The following slides show the best investments in each category, from stocks and commodities to currencies and companies with the best cash flows.
A look at some hidden emerging market winners, despite the 20% decline for the BRICs in 2011, with CNBC's Amanda Drury. JPMorgan Adrian Mowat's also reveals your emerging market itinerary for 2012.
The kidnapping ordeal of Washington Nationals catcher Wilson Ramos ended after two days when Venezuelan police commandos swooped in to rescue him in a flurry of gunfire and arrested five alleged abductors.