Venezuela Oil

• PetroSA To Tap Venezuelan Oil Riches

  By Hopewell Radebe  |  September 3, 2008

  PetroSA is ready to send a team as early as next month to assess the possibility possibilities of drilling for oil in Venezuela following the energy co-operation agreement signed yesterday with the Latin American country, CEO Sipho Mkhize said.

• Confirming the Obvious - High Oil Prices Stoke Nationalisation

  By Staff Writer  |  April 15, 2008

  The rising price of oil has been accompanied by nationalisations of oil assets, and the relationship is no mere coincidence. Recent research shows that higher oil prices trigger expropriations, particularly in countries with weak political institutions.

• Oil Prices Too High But Don't Look to OPEC for Help

  By Bob Weber  |  March 11, 2008

  Venezuela's energy minister Rafael Ramirez blames crude prices now near $110 a barrel on speculation and the falling U.S. dollar.

• Venezuela's Chavez Looking to Change the Face of Latin American Politics

  By Stephen Clayson  |  November 21, 2005

  High oil prices may be helping to make Venezuelan loon Hugo Chavez's way of doing things more attractive in Latin America.