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BUSINESS
August 17, 1990 | PATRICK LEE, TIMES STAFF WRITER
From Vietnam to Brazil, from Papua New Guinea to the Soviet Union, oil companies are leaving no stone unturned in the search for new, potentially long-lived oil reserves. The search for new oil fields gains urgency with the current Middle East crisis, which points up once again the world's reliance on oil from that politically unstable region. But is there enough new oil out there to effectively cut into the oil hegemony of the Persian Gulf states?
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BUSINESS
August 25, 1995 | JUANITA DARLING, TIMES STAFF WRITER
Mexico is set to begin a historic selloff of government petrochemical plants with an estimated value of $1.5 billion, Adrian Lajous, general manager of Petroleos Mexicanos, said Thursday. He said the divestiture of all four major Mexican petrochemical complexes, scheduled to begin in October, will be completed within the next 12 months. Selling the petrochemical plants is a major component of the plan that the government presented to creditors--principally the U.S.
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BUSINESS
August 25, 1995 | JUANITA DARLING, TIMES STAFF WRITER
Mexico is set to begin a historic selloff of government petrochemical plants with an estimated value of $1.5 billion, Adrian Lajous, general manager of Petroleos Mexicanos, said Thursday. He said the divestiture of all four major Mexican petrochemical complexes, scheduled to begin in October, will be completed within the next 12 months. Selling the petrochemical plants is a major component of the plan that the government presented to creditors--principally the U.S.
BUSINESS
August 17, 1990 | PATRICK LEE, TIMES STAFF WRITER
From Vietnam to Brazil, from Papua New Guinea to the Soviet Union, oil companies are leaving no stone unturned in the search for new, potentially long-lived oil reserves. The search for new oil fields gains urgency with the current Middle East crisis, which points up once again the world's reliance on oil from that politically unstable region. But is there enough new oil out there to effectively cut into the oil hegemony of the Persian Gulf states?
NEWS
January 21, 1992 | STAN YARBRO, SPECIAL TO THE TIMES
Analysts are calling it one of the largest oil finds in the Americas in the last quarter-century, but the discovery of the so-called Cusiana field in northeastern Colombia has produced a notably muted reaction from the Colombian government and three foreign petroleum firms developing the area. Dampening their celebration of billions of barrels in new oil reserves are two other groups demanding part of the take.
BUSINESS
August 29, 2006 | Chris Kraul, Times Staff Writer
Officials announced Monday that China had agreed to invest $5 billion in energy projects here, a deal that underscored the Asian nation's way of doing business in Latin America: Lock up significant natural resources with promises to fund huge public works projects. China's investment will be poured into new and mature oil fields through 2012, Energy Minister Rafael Ramirez told state television.
WORLD
May 16, 2004 | T. Christian Miller, Times Staff Writer
Last fall, the United States and Colombia launched an extraordinary military operation that sent thousands of troops into Arauca, a remote region of this South American country plagued by warring rebel factions and the cocaine trade. By outward appearances, Operation Red Moon opened a new front in the two countries' long war on drugs. This time, however, the fight also was over oil. U.S.-trained Colombian troops, backed by U.S.
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