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April 15, 2007
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Venezuela drafting law nationalise oil production
Tue, 16 Jan 2007 09:50:00 +1200 | nzherald.co.nz
Opec member Venezuela is drafting legislation to "nationalize" oil production, requiring the state hold a majority share in all oil contracts and oil companies working in the country.Energy Minister Rafael Ramirez said the decision...
Tue, 01 May 2007 16:11:52 GMT | Business Standard
Crude oil production in the country rose by 5.6 per cent in the financial year ended March 2007 to 33.98 million tonne (mt) as compared with 32.190 mt in the previous financial year. However, the
Renewed Violence Limits Oil Production in Nigerian Region
Sun, 13 May 2007 23:14:35 EDT | New York Times
Tensions have flared up in the Niger Delta, the site of much of the country?s oil production, after deeply flawed presidential elections last month.
Nigerian Oil Production Falls After a Pipeline Hub Is Overrun
Tue, 15 May 2007 23:16:42 EDT | New York Times
Young protesters overran an oil pipeline hub in the volatile Niger Delta, cutting Nigeria?s oil production by about 30 percent.
Bush says he's hopeful that OPEC will raise oil production
Wed, 16 Jan 2008 05:35:00 -0500 | CANOE Money
SHARM EL-SHEIK, Egypt - U.S. President George W. Bush is hopeful that after talks with Saudi King Abdullah OPEC will authorize an increase in oil production to ease pressure on prices.
Iraq expects to increase oil production, sees more speculation
Fri, 25 Jan 2008 14:27:00 -0500 | canoe CNEWS
DAVOS, Switzerland - Iraq plans to increase oil production this year and hopes to sign contracts to boost the output from oilfields that aren't producing to capacity, Iraq's oil minister says.
Saudis reject Bush's call to raise oil production
Fri, 16 May 2008 14:04:00 -0400 | CANOE Money
RIYADH, Saudi Arabia - Saudi Arabia's leaders made clear Friday they see no reason to increase oil production until customers demand it, apparently rebuffing U.S. President George W. Bush amid soaring gasoline prices.
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