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| Chávez: not making the neo-liberal mistake of separating the economy from society |
President Hugo Chávez wants the private sector to invest $19.8 billion in Venezuela’s oil industry over the next six years as part of his government’s strategy to boost oil production.
The sum requested is part of the $74 billion that Venezuela plans to invest in drilling and refining projects by 2012. The bulk of the funds will come from state-owned oil firm PDVSA, as Venezuela seeks to ease production pressures. The world’s fifth-biggest oil exporter has just signed a $2 billion deal to...
