Venezuela's military might will be on full display on Tuesday as Hugo Chávez, the country's president and a former paratrooper, celebrates winning back Venezuela's natural resources in the oil-rich Orinoco for the people.
Desire Petroleum PLC swung to full-year pretax loss due to the strengthening of the pound against the dollar reported the company.
London Mayor Ken Livingstone is about to start trials of London's first bus fuelled by bio-ethanol.
The Scania OmniCity double-decker will carry 81 passengers and be powered by ethanol made from Brazilian sugar cane.
President Hugo Chavez said Sunday that Venezuela hopes to gradually sell off its refineries in the United States and build a new network of refineries in Latin America, part of a plan to offer his leftist allies in the region a stable oil supply
Ecuadorean President Rafael Correa went deep into the Amazon jungle to show his disdain for Chevron Corp., which is on trial in Ecuador for allegedly failing to clean up billions of gallons of toxic wastewater.
A refurbished oil refinery set to begin production next December could turn Cuba from a net import dependent to an oil refined products exporters, according to the official press in Havana.
Uruguay with no oil or gas reserves has the highest fuel prices in Latinamerica, 1.35 US dollars for a liter of premium gasoline, not distant from those countries with the top values such as Holland where premium at the pump costs 1.91 US dollars a liter.
Astronomers using a state of the art telescope in Chile have found the most Earth-like planet outside our Solar System to date, a world which could have water running on its surface.
HAVING completed the processing and interpretation of its Falkland
Islands 2D seismic data, Harry Dobson, Chairman of Borders and
Southern says, great progress has been made towards successful exploration and production.
Bolivia's president Evo Morales denied having squabbled with Brazil's Lula da Silva during the recent energy summit in Venezuela but admitted having discrepancies over how much Bolivia must pay for the two nationalized oil refineries from Petrobras.