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  • Five Venezuelan cops die in chopper crash

    Five members of Venezuela's PNB national police force died Thursday when the helicopter they were using to pursue a group of kidnappers in a rural part of Caracas crashed, PNB director Luis Karabi said. The helicopter crashed in an uninhabited area near the Antimano neighbourhood in the northeastern part of the capital in conditions of very low visibility due to a thick fog that covered the ...

  • Ecopetrol Colombias Cano Limon Pipeline Halted After Rebel Attack

    BOGOTA - Colombia's second-longest oil pipeline, the 480-mile Cano Limon, has stopped pumping after rebels reportedly used dynamite to blow up a portion of the line. A statement from state oil company Ecopetrol SA, which owns and operates the pipeline, said the attack occurred Wednesday near the village of Guachiman, in the northern state of Norte de Santander, which borders Venezuela. ...

  • China Gains Ground among Customers of Venezuelan Oil

    Caracas, May 24 (Prensa Latina) China has consolidated its position among international purchasers of Venezuelan oil, with an average volume that currently amounts to 626,000 barrels per day, industry sources said. Notably, reports from the state oil company Petroleos de Venezuela (PDVSA) show 350,000 barrels per day in 2012. However, the Minister of Petroleum and Mining and President of PDVSA, ...

  • President Maduro says Venezuela to create new workers militia to defend homeland

    Venezuela's President Nicolas Maduro arrives to attend President Rafael Correa's swearing-in ceremony in Quito, Ecuador, Friday, May 24, 2013. Correa is starting a third term as president. (AP Photo/Dolores ...

  • Entel looking at opportunities in Colombia

    USD400 million, though the acquisition is not expected to be completed until Q3 this year. Buchi added that Entel would expand Nextel's offerings, which are currently focused primarily ...

Movie Review

Erin Brockovich

There are but a handful of actresses who could have pulled off the role of the real-life busty, feisty, and determined heroine crusader of "Erin Brockovich." However, of that handful, it is quite probable that only Julia Roberts could have truly brought a shine to a character who is so potentially dislikable. ...

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  • Whats Behind Venezuelas Toilet Paper Shortage

    Venezuela's President Nicolas Maduro greets supporters during a May Day rally in Caracas May 1, 2013. (Carlos Garcia Rawlins/Reuters) Last month, Venezuela elected a president on the recommendation of Hugo Chavez. But as the problems the country faces loom larger, President Nicolas Maduro is finding his predecessor's one-man show a difficult act to follow. It was inevitable that ...

  • Rosneft PDVSA to work together in Venezuela

    Petroleos de Venezuela and Russian energy company Rosneft signed an agreement for a joint venture for Venezuelan operations. Venezuelan Oil ...

  • Amazonian Ambition Rosneft signs another joint venture with Venezuela

    Russia and the global economy Rosneft, the world's largest publicly traded oil company, is expanding its influence in Venezuela, via a subsidiary of the national oil company PDVSA. The two companies signed a joint venture agreement to develop a river basin in Venezuela. The agreement was signed between Rosneft President Igor Sechin and Venezuelan Oil Minister and President of PDVSA, ...

  • UPDATE 3-Oil prices set for biggest weekly drop since mid-April

    Fri May 24, 2013 5:09am EDT * Shrinking factory activity in China limits oil demand growth * Rosy U.S. economic data raise worries Fed may end stimulus soon * Gasoline demand over U.S. summer driving season may disappoint * Coming Up: U.S. durable goods orders; 1230 GMT (Updates previous SINGAPORE) LONDON, May 24 (Reuters) - Oil is poised to post its biggest weekly loss in more than a month, ...

  • South America re-election rash Ecuador’s Correa takes office for the third consecutive time

    Ecuadorean president Rafael Correa will be inaugurated on Friday for his third consecutive mandate, something which Venezuela’s Hugo Chavez just managed before his death, and something which Bolivia’s Evo Morales ...

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