On January 21, a special ship began laying an undersea fiber-optic cable between Venezuela and Cuba, a connection that will dramatically improve Cuba’s telephone and Internet services. Cuban officials estimate the project carried out by Alcatel-Lucent SA of Paris will cost about US $70 million. Cuba is the only nation …
A dramatic frontpage splash has turned into a nationwide debate on press freedom in Venezuela. On August 12, El Nacional newspaper, openly opposed to President Hugo Chavez, ran a photograph of a dozen bodies at a morgue in Caracas under a headline about deteriorating security in the oil producing country. …
Eni, the Italian oil and gas group, plans to invest $4 billion in Venezuela, the biggest commitment to the country by a western oil company since President Hugo Ch
Eni, the Italian oil and gas group, plans to invest $4bn in Venezuela, the biggest commitment to the country by a western oil company since President Hugo Ch
Rafael Ramirez, Venezuela's energy minister, on Friday rejected concerns that PDVSA, the state oil company, would be affected by attempts by ExxonMobil to freeze assets worth $12bn. Exxon won court orders on Thursday in the UK, the Netherlands and the Netherlands Antilles to freeze PDVSA's global assets in an attempt …
