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Venezuela's Aban Pearl drilling rig sank in May 2010 in a significant blow to the nation's oil industry. China has poured billions of dollars into Venezuela's oil sector but has received little for its investments. "The Chinese have not gotten the kind of preferential access they want" to Venezuela's Orinoco Tar Sands, oil analyst Tom O'Donnell said. (Associated Press)

Venezuela's Aban Pearl drilling rig sank in May 2010 in a significant blow to the nation's oil industry. China has poured billions of dollars into Venezuela's oil sector but has received little for its investments. "The Chinese have not gotten the kind of preferential access they want" to Venezuela's Orinoco Tar Sands, oil analyst Tom O'Donnell said. (Associated Press)

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