CARACAS, Venezuela, March 25 (UPI) -- Venezuelan President Hugo Chavez said his country's recent victory in a lawsuit over ExxonMobil was akin to "a win against the Yankees."

MIAMI, March 19 (UPI) -- Two U.S. representatives from Florida introduced legislation seeking to designate Venezuela a state sponsor of terror, a move that could hurt the country's oil sector and U.S. relations in the region.

MIAMI, March 5 (UPI) -- The specter of war among Latin American neighbors Colombia, Ecuador and Venezuela, the region's top oil producer, could prove harmful to international oil markets.

MIAMI, Feb. 12 (UPI) -- Officials at Venezuela's state-owned oil and giant PDVSA appeared Tuesday to back away from threats to "cut-off" oil supplies to the United States amid a multi-billion dollar legal fight with ExxonMobil.

MIAMI, Oct. 10 (UPI) -- Venezuelan President Hugo Chavez said he wants to increase the workforce of state-run petroleum company PDVSA by 35 percent in the coming year, a move some say is an effort to increase the government’s hold on the country’s oil and gas industry and win additional political support ahead of a key vote.