A threatened strike by Venezuela's largest oil workers' union can probably be averted, Deputy Oil Minister Bernardo Alvarez said yesterday. Union leaders will meet later this week with management at PDVSA to work on a new contract. “I think there's willingness to reach some kind of an agreement,” Alvarez told reporters. Fedepetrol, as the 40,000-member union is known, threatened last Friday to call a strike if collective bargaining talks are not successful. It said the government has not honored past agreements affecting higher wages and benefits.
In April, work stoppages by PDVSA management curbed production and exports. Managers were protesting changes to the company board by President Hugo Chavez. PDVSA has a strike contingency plan designed to guarantee productions and exports for ten days. Venezuela exports 2.1 million barrels of crude per day.
The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?
When on a state visit to Singapore, Russian President Vladimir Putin promised to revisit the discussion of the 1956 Declaration between the USSR and Japan regarding the issue of the peace treaty with Japan
The TurkStream, which runs along the bottom of the Black Sea from Russia's Anapa to Turkey, will consist of two lines, each with a capacity of 15.75 billion cubic meters of gas a year