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Venezuela China

In Unsettling Development for Washington, Venezuela Ramps Up China Oil Exports

John C.K. Daly | Posted 10.24.2012 | Business
John C.K. Daly

So, where does Washington go from here? If it wants to preserve its increasingly tenuous foothold in a nation with the world's largest oil reserves, it might begin by engaging in some honest diplomacy.

Venezuela-China sign $16bn oil deal

Al Jazeera. | Al Jazeera | Posted 05.25.2011 | World

Venezuela has announced a $16bn deal allowing China to drill for oil in the eastern Orinoco basin. Hugo Chavez, Venezuela's president, did not name...