CARACAS, Venezuela - Venezuela's state oil company said net income rose 80 percent in the first quarter as world oil prices soared. Petroleos de Venezuela SA, or PDVSA, said late Tuesday that net income reached US$3.5 billion in the quarter ending ...

CARACAS, Venezuela---- Venezuelan President Hugo Chavez threatened Thursday to punish European countries that apply strict new rules for deporting illegal immigrants by denying them oil and blocking their investments. The EU Parliament passed new ...