Venezuelan Oil Minister Rafael Ramirez said state oil company Petroleos de Venezuela SA will invest more than $4 billion in a plan to convert heavy crudes into lighter ones at its Puerto La Cruz refinery, Agencia Venezolana de Noticias reported.
Chevron Corp. and its partners on the Carabobo 3 block in Venezuela’s Orinoco heavy oil belt, including state oil company Petroleos de Venezuela SA, may be able to start early production in the third quarter of 2012.
Magglio Ordonez, a six-time Major League Baseball All-Star with the Chicago White Sox and Detroit Tigers, will run for mayor of a Venezuelan oil town in the socialist party of the late President Hugo Chavez.
Reggaeton star El Potro enters the stage. Tonight, the singer who married two Miss Venezuelas won’t perform his number-one hit “Bla Bla Bla.” He stands beside President Nicolas Maduro and asks for votes to further the late Hugo Chavez’s revolution as the local mayor.