Canada pulls out of Kyoto Protocol
December 12, 2011
Only Saudi Arabia and Venezuela have more reserves. But critics say the enormous amount of energy and water needed in the extraction process increases greenhouse gas emissions. ...
Suspected drug cartel boss caught in Venezuela
December 20, 2011
CARACAS, Venezuela (AP) - Venezuelan authorities have arrested a suspected drug trafficker allegedly linked to a major Colombian drug gang. Justice Minister Tareck El Aissami...
OPEC likely to keep output at present levels
December 13, 2011
At least for now, however, the lesson that the Saudis rule on oil output appears to have been learned by Iran and Venezuela, like Tehran a vocal price hawk. Iranian Oil...
Oil prices weaken as OPEC meets on output
December 14, 2011
The 12-member cartel may decide to trim its actual production, which stands above the agreed ceiling, as OPEC hawks Venezuela and Iran seek to keep oil prices high. The...
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Venezuela, officially called the Bolivarian Republic of Venezuela, is a tropical country on the northern coast of South America. It borders Colombia to the west, Guyana to the east, and Brazil to the south. Its northern coastline of roughly 2,800 kilometres (1,700 mi) includes numerous islands in the Caribbean Sea, and in the north east borders the northern Atlantic Ocean. Caribbean islands such as Trinidad and Tobago, Grenada, CuraƧao, Bonaire, Aruba and the Leeward Antilles lie near the Venezuelan coast. Venezuela's territory covers around 916,445 square kilometres (353,841 sq mi) with an estimated...
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