May 1st, 2008 | By Josh | Category: South America News
Following in the footsteps of Venezuela’s Hugo Chavez, Bolivian President Evo Morales took control of three foreign oil firms operating inside the country. The coca farmer-cum-presidente issued a sweeping decree this morning, nationalizing Adina, a subsidiary of Repsol YPF, Chaco and Panamerican Energy, a subsidary of British Petroleum, as well oil transportation companies belonging to Shell.
