Interactive Venezuela - Worldnews Network

Thursday, 15 May 2008

India, Venezuela sign gas and oil agreement

The Times Of India

CARACAS (VENEZUELA): Venezuela and India teamed up on Tuesday for exploration and production of oil and natural gas in eastern Venezuela. State-owned Petroleos de Venezuela SA, or PDVSA, will hold a 60 per cent stake in the joint venture,...

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Energy India Oil Photos Venezuela

Venezuela's Oil Minister Rafael Ramirez speaks with the media in Caracas, Friday, Feb. 8, 2008. Ramirez denied that Venezuela's state oil company Petroleos de Venezuela SA has had US$12 billion (€8.3 billion) in assets frozen by court orders in Exxon Mobil Corp. challenges to the nationalization of an oil project in the South American country. Ramirez is also PDVSA's president.

photo: AP Photo / Fernando Llano

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