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LATEST NEWS |
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- BP in talks to sell Venezuela's assets to TNK-BP
BP Plc has told Venezuela's state oil company it's interested in selling stakes in three projects to its Russian venture, TNK-BP Holding, Petroleos de Venezuela SA Vice President Eulogio del Pino said.
- BP in talks to sell assets In Venezuela
BP PLC is in talks to sell its stakes in oil projects in Venezuela to its Russian joint venture TNK-BP Ltd., part of a $30 billion asset disposal program designed to help it meet the costs of the Gulf of Mexico oil spill.
- Eletrobras to invest $500 million in US
Brazilian state-controlled power company Eletrobras plans to invest up to $500 million in electrical transmission projects in the United States beginning next year, CEO Jose Antonio Muniz Lopes said.
- Chavez cannot afford to cut off US oil: analysts
A threat by Venezuelan President Hugo Chavez to suspend oil exports to the United States, amid a dispute with Venezuela's neighbor and US ally Colombia, would be "economic suicide," analysts say.
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