Showing posts with label Venezuela. Show all posts
Showing posts with label Venezuela. Show all posts

Sunday, April 18, 2010

China and Venezuela Reach Oil Agreements

April 18, 2010China and Venezeula enter agreement to exploit oil and electricity opportunities. China to provide technology transfer and funds to develop the capabilities. China will provide soft loans worth $20 billion.



Tuesday, March 30, 2010

Oil Rich Venezuela hit by power crisis

Venezuela, South America's top oil exporter, is suffering from a growing energy crisis that has forced the government into taking drastic measures to conserve electricity.

As part of his plan, Hugo Chavez, the Venezuelan president, has declared a three-day holiday starting Monday to cut back on energy use.

Al Jazeera's Monica Villamizar reports from Caracas. (Mar 30, 2010)
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