Venezuela's green agenda: Chávez should be named the 'environmental president'

Since Hugo Chávez Frías first won office back in 1998, he has been developing a very green conscience that simultaneously is reflected in the nation's policies and social programs.

CNE satisfied with EU report on presidential vote

Tibisay Lucena, president of the National Electoral Council (CNE), showed satisfaction at the report the European Union Electoral Observation Mission (EOM) disclosed on the Venezuelan last December 3rd presidential election.

Venezuela's enabling law could also enable the opposition

The main objectives for passing the enabling law are to promote 'popular democracy,' to make the state more efficient, to eradicate corruption, to increase citizen security, among many other things.

Venezuelan Government and Verizon agree on price of purchase

The Venezuelan government and Verizon Communications signed a memorandum of understanding for the government's purchase of the private company's majority stake in the country's largest telecommunications company, Compañía Anónima Nacional Teléfonos de Venezuela (CANTV).

Venezuela and AES signed buying agreement over 'Electricidad de Caracas'

Venezuela's Government, represented by its main industry, PDVSA, and North-American AES, bigger stockholder of 'Electricidad de Caracas' (Caracas's electric company - EDC), signed an understanding memorandum looking for a buying and selling agreement of the company.

The Banker: Banks thriving despite Chávez bravado

It is not in Mr Chávez's interests to block US oil sales, which consume 60% of Venezuelan production. Also, Venezuela made clear that any nationalisation would involve fair negotiations with shareholders.

Venezuelan GDP continues strong

At 11.8% GDP growth for the 4th quarter of 2006, this was the 13th consecutive quarter of growth since the 4th quarter of 2003. Venezuela's economy has grown by over 10% every year since 2004.

The Economist: VenezuelanTrade Balance and Current-Account Balance

Venezuelan reserves top 36 billion dollars

Venezuelan international reserves reached 36.27 billion dollars this week, with 35.5 billion in the hands of the Central Bank (BCV), official bank sources reported.

Transition to state-run joint ventures in Orinoco oil belt begins in seven days

The law on migration from both partnership agreements at the heavy-crude oil Orinoco oil strip and risk exploration and shared profits agreements to state-controlled joint ventures was enacted last February 26th.

Demand of Bonds of the South estimated at USD 12 billion

The Venezuelan Bank of the Treasury estimated that demand of the Bonds of the South -debt titles Argentina and Venezuela issued jointly- was USD 12 billion.

Venezuelans will have better quality of urban life with the support of the Greater London Authority

Thanks to a cooperation agreement signed in the British capital between PDVSA and the Greater London Authority, the government of Venezuela will receive advise in urban management, safety, environment, tourism and culture, with the aim of improving quality of life in the country, while low income sectors in the city of London will benefit from having access to transport services at a lower cost.

Richard Gott: Just the ticket

In exchange for up to $32m-worth of diesel oil, intended to subsidise bus travel in London for the poor the Greater London Authority will provide its expertise to the Venezuelan government on a wide range of projects, from transport to housing, and from cleaning up rivers to the promotion of tourism.

Venezuela and Argentina to cooperate

For Venezuelan President Hugo Chávez, the signing of 17 agreements with President Nestor Kirchner of Argentina was part of a larger plan for cooperation and integration among South American countries.

Cuba and Venezuela sign agreements for $1.5 billion

The agreements endorsed by both nations cover seven fields including science and social security. The bilateral trade interchange amounts to $3 billion.

Venezuela and Argentina seal energy alliance

The president of Venezuela, Hugo Chávez assured that the Orinoco Oil Belt has enough oil to share under conditions of equality and justice, motivated by solidarity, with Latin America and the Caribbean.

Japan signs 15-year oil deal with Venezuela

Japan signed a 15-year, 3.5 billion-dollar oil deal with Venezuela. The state-run Japan Bank for International Cooperation has backed the deal, which marks the country's biggest entry into the South American energy sector.

Certified 7 billion barrels in reserve at Orinoco's Oil Strip

A total of 7 billion barrels in reserves of oil in situ have been certified in the 9 blocks under exploration at the Orinoco's Oil Strip, the Exploration and Exploitation Vice-president of Petróleos de Venezuela (Pdvsa) Luis Vierma, informed.

Pdvsa and French Petroleum Institute join efforts in technological transfer

Petróleos de Venezuela (Pdvsa) and French Beicip-Franlab, a subsidiary of the French Petroleum Institute (IFP) have entered into two letters of intent. The instruments lay the foundations for a strategic alliance on technology development and transfer in prospecting and production.

Venezuela boosts China aerospace cooperation

Venezuelan professionals to receive aerospace technological training in China for the future operation of the Simón Bolívar satellite, being built in the Asian nation, official sources reported.

The government will build 15 hospitals

Minister of Health, Erick Rodríguez, informed 15 hospitals will be built around the country as part of the fourth phase of 'Barrio Adentro' social programme.