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29 Aug

Cemex to seek arbitration in dispute with Venezuela

MONTERREY, Mexico (AFP) - Mexican company Cemex late Wednesday decried as unlawful moves by Caracas to nationalize its Venezuelan operations, and vowed to seek international arbitration in the case. ...

Bury Afp August 21

Venezuela backs production cut if oil prices keep falling: minister

CARACAS (AFP) - Venezuela will propose production cuts at the next OPEC meeting in September if oil prices continue to fall, Energy and Petroleum Minister Rafael Ramirez said Tuesday. ...

Bury Afp August 19

Venezuelan troops seize Mexican cement plant

Caracas - Venezuelan troops seized a cement plant owned by Mexico's Cemex SAB after a deal to nationalize the firm failed. Troops occupied the Maracaibo Cemex plant in the western state of Zulia Monday night but plan to take control of all four Cemex... ...


Venezuela to nationalize Cemex unit

CARACAS (AFP) - President Hugo Chavez announced Monday that Venezuela was nationalizing the local unit of Mexican cement giant Cemex, after negotiations to give Caracas a majority shareholding failed. ...

Bury Afp August 18

Venezuela to seize Cemex unit in takeover fight

CARACAS (Reuters) - Venezuela will take control of cement plants and offices belonging to Mexico's Cemex as of midnight on Monday after failing to reach an agreement in nationalization talks, the government said. ...


Venezuela seeks observation satellite in five years

CARACAS (Reuters) - Washington-foe Venezuela plans to launch an observation satellite within five years to map its territory, President Hugo Chavez said on Sunday. ...


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