Word: colombia
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...their oil industries under tight national control are also opening their arms to the capital, technology and management skills that international oil firms offer. Venezuela's state-owned oil industry took in foreign partners last year, entering joint ventures with Conoco, Mitsubishi and Shell. Foreign firms have flocked into Colombia to develop the Cusiana and Cupiagua fields, which together constitute the largest find in the western hemisphere since wildcatters struck oil in 1967 in Alaska's Prudhoe...
...COLOMBIA. The Cusiana field yielded nothing more than a pair of dry holes before the Triton Energy Corp. of Dallas staked a claim in the mid-'80s. Because Triton lacked the capital to explore the area, it sold an 80% share to British Petroleum, which took in France's Total as an equal partner. Today the consortium is part of a joint venture with the state oil company, Ecopetrol, which is developing an estimated 2 billion bbl. in Cusiana and the neighboring Cupiagua field. That could be just the beginning: the partners' plan to invest $6 billion over the next...
Unfortunately, not all of the news from the World Cup has been good. The U.S. team's shining moment came in their 2-1 win over Colombia. Immediately, the game became the subject of controversy. First, we heard that drug lords in Medellin threatened to kill one team member if a substitute did not start (he started). Next, the coach was fired directly after the loss. Finally, rumors have claimed that Colombian gambling syndicates bet heavily against their national team and promised bloody reprisals if they didn't throw the game...
...impossible happened during last night's match-up between Team U.S.A. and favored Colombia: for the first time since 1950 the Americans won a World Cup match. Their 2-1 victory was no fluke, since the Yanks dominated the field during the game, with the Colombian goal coming only in the last few minutes of play. The Americans win virtually ensures the team a berth in the second round, while the Colombians have no chance of advancing after suffering two losses. This afternoon, Italy topped Norway...
Nigeria routed Bulgaria 3-0 in last night's match-up. Today, Romania kicked Switzerland 4-1. Coming up: Team U.S.A. gears up for its second game, to be played tonight in Pasadena against Colombia. An American win would eliminate the Colombians. One key member of the South American team has been pulled from the roster due to a death threat against...