Venezuela Seizes Helmerich & Payne Rigs

(TulsaWorld, Rod Walton, 2.Jul.2010) – The action comes amid a payment dispute in which the company left the equipment idle. Helmerich & Payne’s 52-year business […]

Petro-Canada Joins Venezuelan Oil Exodus

(Reuters, 26.Jun.2007) — Petro-Canada has pulled out of Venezuela by rejecting new nationalistic terms for oil projects and passing its stake in one discovery to […]

Bolivia’s Nationalization of Oil and Gas

(Council on Foreign Relations, Carin Zissis, 12.May.2006) — In a region seen as turning leftward, forging alliances would seem a natural course of events. But […]