NPR logo

Chavez Nationalizes Venezuelan Oil Fields

  • Download
  • <iframe src="https://www.npr.org/player/embed/9937606/9937607" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Chavez Nationalizes Venezuelan Oil Fields

Business

Chavez Nationalizes Venezuelan Oil Fields

Chavez Nationalizes Venezuelan Oil Fields

  • Download
  • <iframe src="https://www.npr.org/player/embed/9937606/9937607" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Venezuelan President Hugo Chavez nationalized the last privately run oil fields in the country Tuesday. The government is taking over four oil projects run by some of the world's biggest petroleum companies.