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Pdvsa starts to identify oil exploration areas in Bolivia

State-run oil holding Petróleos de Venezuela (Pdvsa) began to survey areas for oil prospecting in north La Paz region, reported on Friday Bolivian Minister of Hydrocarbons Carlos Villegas, as quoted by Bolivian press.

Venezuela reported on an investment of approximately USD 600 million to explore oil in the sub-Andean area and gas in southeast Bolivia, under the agreements entered into last August by Bolivian President Evo Morales and his Venezuelan counterpart Hugo Chávez. Based on the deal, bilateral company Petroandina was incorporated, AFP noted.

As from August, Pdvsa will have a calendar year to complete the survey, said Catholic news agency FIDES.

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Uribe: Governments should respect the rights of border towns

04:20 PM. Western Hemisphere. Colombian President Álvaro Uribe said on Tuesday that governments should ensure citizens' rights to live on the border, in reference to a political and diplomatic crisis with Venezuela and its effects on border residents.

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5. "Fourth-generation war is waged on the border"

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2. Uribe refuses to reply to Chávez's insults

3. "Fourth-generation war is waged on the border"

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5. Bogotá-Caracas face off continues

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7. Jewish community regrets Ahmadinejad's visit

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9. Ahmadinejad visits Venezuela; tightens bilatera...

10. Ex Colombian FM: Venezuela and Colombia are not...

1. Elides J. Rojas L. / If Chávez sinks, we will h...

2. "Chávez's ministers are clumsy, incompetent and...

3. Bases of discord

4. Business chamber rejects govn't steps against p...

5. France's FM makes no comment on Chávez hailing ...

6. "Fourth-generation war is waged on the border"

7. Jewish community regrets Ahmadinejad's visit

8. Students want OAS, IACHR to pressure the govern...

9. Argentine gov't admits that video of star witne...

10. Uribe refuses to reply to Chávez's insults