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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.
Brazil's Environmental Protection Agency Ibama said Thursday it has licensed a unit of the state-run oil company Petrobras to start building a controversial gas pipeline cutting through pristine Amazon forest.
China's oil boom is drawing a new wave of foreign companies to open offices on the mainland or boost their Chinese business from Singapore to grab a slice of the world's second-largest oil consumer.