Puerto La Cruz, Venezuela News

A small opposition party said on Friday that Venezuela's new minister of electricity has been guilty of stealing power amid a crisis that has caused prolonged blackouts across the Andean nation.

Venezuelan President Hugo Chvez and Brazilian President Luiz Lula Da Silva signed 15 cooperation treaties that attempt to strengthen ties between both countries, based on reciprocal investments, with a special emphasis on the energy and foods areas.

President Hugo Chavez's government is relocating a gathering of top energy executives due to power outages.

Furthermore, its interest goes beyond the country's own boundaries as the government also intends to set up an ALBA company for the tourist industry with other ALBA members.

Telefonica's Venezuelan subsidiary Movistar has expanded its commercial 3.5G mobile services to the city of Barquisimeto in the state of Lara, reports BNamericas.

T&T playing against the Costa Rican team that has also qualified for the FIFA Under 20 World Championship in Egypt in September, fell behind in the third minute when Jose Mena put the Central Americans ahead.

CARACAS: Venezuela will not nationalise all the oil service companies present in the country, Oil Minister Rafael Ramirez said yesterday, adding that gas and water injection units taken over last month were "monopolistic." Venezuela's state oil company PDVSA has run up large debts with service companies including Halliburton and Schlumberger and is ...