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(IHT) - CARACAS: With President Hugo Chávez setting May 1 as the deadline for an ambitious plan to wrest control of several major oil projects from U.S. and European companies, a showdown is looming here over access to some of the most coveted energy resources outside the Middle East. Moving beyond empty threats to cut off all oil exports to the United States, Venezuelan officials have recently stepped up the pressure on the oil companies operating here, warning that they might sell U.S. refineries meant to process Venezuelan crude oil even as they seek new outlets in China and elsewhere around the world. Link |
