April 30, 2007

• Venezuela takes up oil fields during an historical and sovereign May 1st
• Nicaraguan delegation visits Venezuela to discuss refinery outline
• PDVSA offers 26.4 months of salary to migrating employees

• Full Petroleum Sovereignty: 10 companies agree to transfer operations to PDVSA

• First South American Energy Summit succeeded

• Uruguay offers to pay oil with debt bonds
• Chile will participate in the Orinoco Oil Belt
• Leaders meet in Venezuela for first South American Energy Summit

• Presidents endorse the creation of South American Energy Council
• Declaration of Margarita: building the Energy Integration of the South
• Chávez: This was a perfect summit
• Chávez: Venezuela is not opposed to ethanol
• Venezuela proposes to South America a different approach for ethanol use
• Petrobras in major offshore gas project in Venezuela

• Venezuela and Brazil vow to build ethylene and polypropylene plants
• Venezuela and Colombia may build pipeline for refined products

• Energy Revolution
• Gas pipeline between Venezuela and Colombia to be finished in August

• President Chávez guarantees Latin American Energy supply for 100 Years
• Venezuelan energy minister calls for gas-OPEC

• Pdvsa expands issuance of bonds