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Vol. 11, No. 21 Week of May 21, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry

Venezuela: Congress wants heavy oil

Venezuela’s congress, dominated by supporters of President Hugo Chavez, released a report May 11 recommending the state assume majority control of key heavy oil projects run by companies like Chevron Corp. and Exxon Mobil Corp. in its oil-rich Orinoco River basin. Such a move, which Chavez has yet....


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