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Business 08 Sep 2007 | 12:00 AM

Mixed reaction from oil and gas players

Local oil and gas (OG) industry players have mixed reactions to the Government's measures to encourage mergers and acquisitions (MA) among the 1,000 Petronas-licensed vendors.

World 10 Mar 2007 | 12:00 AM

Bush, Chavez on dueling tours of Latin America

SAO PAULO (Reuters) - U.S. President George W. Bush and his left-wing nemesis Venezuelan President Hugo Chavez embarked on dueling tours of Latin America on Friday as they stepped up competition for the region's hearts and minds.

Business 04 Mar 2007 | 12:00 AM

Brazil-Japan ethanol investment could hit US$8 billion

SAO PAULO, Brazil (AP): A project between Brazil and Japan to help supply Brazilian ethanol made from sugarcane to the Japanese market could cost US$8 billion (euro6 billion), Brazil's largest newspaper reported Saturday.

Business 19 Nov 2006 | 12:00 AM

Venezuela extends trade links

For most diplomats, moving up to the top can take a toll in time. But for Venezuela's Manuel Guzman, it just required a visit to Kuala Lumpur by his flamboyant yet fiery president.

Business 04 Jul 2006 | 12:00 AM

Petronas studying Rosneft share offer

Petroliam Nasional Bhd (Petronas) will consider taking up shares in Russian oil company Rosneft's initial public offering (IPO), Petronas president and CEO Tan Sri Mohd Hassan Marican said.

Business 02 May 2006 | 12:00 AM

Bolivia's president orders army to natural gas fields

LA PAZ (AP) - President Evo Morales ordered soldiers to occupy Bolivia's natural gas fields Monday and threatened to evict foreign companies unless they give Bolivia control over the entire chain of production.

World 01 Apr 2006 | 12:00 AM

Brazil plane crash kills 19 people

RIO DE JANEIRO, Brazil (Reuters) - A Brazilian plane crashed into a mountainside as it carried passengers from the oil town of Macae to Rio de Janeiro, killing all 19 people onboard, rescue services and the airline said on Saturday.

Business 05 Feb 2006 | 12:00 AM

New president of Bolivia's state energy company envisions continental partnership

The new president of Bolivia's state energy company said Saturday he wants to help create a continentwide energy alliance that would compete with powerful multinationals and eventually control the price and production of oil and gas in Latin America.

Business 02 Jan 2006 | 12:00 AM

Venezuela regains control of 32 privately operated oil fields

CARACAS, Venezuela: Thirty-two privately operated Venezuelan oil fields returned to state control on Sunday with the start of the new year, the government said.