Venezuela nationalizes Orinoco oil fields /Presidente Chávez firma decreto para obtener 60% de acciones en asociaciones de Faja

President Hugo Chávez has ordered by decree the takeover of oil projects run by foreign oil companies in Venezuela's Orinoco River region. Chávez had previously announced the government's intention to take a majority stake by May 1 in four heavy oil-upgrading projects run by British Petroleum, Exxon Mobil, Chevron, ConocoPhillips, Total and Statoil ( full informaton)/El presidente Hugo Chávez, firmó este lunes el decreto para convertir a las cuatro asociaciones estratégicas que operan en la Faja petrolífera del Orinoco en empresas mixtas donde el Estado obtenga mínimo 60% de las acciones. ( información completa)