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- 28 years of Earth’s surface changes on Google
- India bans use of dolphins for commercial entertainment
- Gujarat pollution board gets a makeover in efficiency 33
- Activist lands in jail for protesting lack of health facilities in tribal district five years ago
- Chaos in the iron age 4
- Smart farming 6
- Pawar's daughter on panel that will examine biotechnology Bill 1
- Old demons remain, new emerge
- Poison in disguise 2
- Mirage of a river 2
- Environment ministry wants to restore night traffic through Bandipur tiger reserve 52
- A green facade 44
- Diesel: when bad policy makes for toxic hell 38
- Gujarat pollution board gets a makeover in efficiency 33
- What’s good insulation? 30
- How vulnerable are India's nuclear power plants to disaster 28
- Grand distraction called river interlinking 28
- Eat at your own risk 27
- Green energy takes toll on green cover 26
- Temporary solution, permanent jam 25
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The Fortnight
Bolivia nationalises oil refineries
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Issue Date: Jul 31, 2007
Morales applauds nationalisati (Credit: REUTERS)In keeping with its nationalisation drive, Bolivia recently took full control of two Petrobras oil refineries in the country.
The Brazilian government-owned company Petrobras, the biggest foreign investor in Bolivia and leading natural gas producer, was bought for
The move is part of Bolivian president Evo Morales' energy nationalisation drive that aims at giving the state more control and a larger part of the
profits. Morales wishes to reduce poverty by increasing state revenues from the energy sector, which was
privatised in the 1990s. Petrobras had bought the two refineries for us $104 million during that time.
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