ORENBURG, Russia, Sept. 27 (UPI) -- Russia and Venezuela say they intend to set up an oil and gas consortium between Gazprom and Petroleos de Venezuela.

Venezuela, Russia partner on oil; another major oil and gas find in Brazil; Occidental buys out its field partner.

MOSCOW, July 24 (UPI) -- Several Russian oil and gas firms joined energy giant Gazprom in exploring the development of natural gas projects in Venezuela.

CARACAS, Venezuela, Feb. 13 (UPI) -- Venezuela, in a retaliatory move, said it would cut off shipments of oil to Exxon Mobile Corp.

NEW YORK, Feb. 12 (UPI) -- Crude oil prices fell slightly on the New York Mercantile Exchange Tuesday despite a threat by Venezuela to cut off supplies to the United States.

India, Iran, may work together on oil and gas fields soon; Legal fight between Venezuela and Exxon Mobil Corp. continues; Ukraine willing to settle a gas debt worth $1.5 billion with Russia

NEW YORK, Feb. 8 (UPI) -- Crude oil gained more than $3 per barrel Friday on the New York Mercantile Exchange ending at $91.87 per barrel.

MIAMI, Dec. 31 (UPI) -- Venezuela's decision to assume majority control of its lucrative oil and gas industry dominated headlines in Latin American energy news in 2007, with leftist President Hugo Chavez taking a hard-line stance against companies unwilling to agree to new terms.

MIAMI, Sept. 25 (UPI) -- ExxonMobil is still seeking arbitration over its long-running dispute with Venezuela months after pulling out of the country in the wake of the nationalization of its oil and gas industries.