It was in a prospectus that he issued regarding oil investments.
But there's a lot of competition for oil investment in South America.
More worrisome to investors than civil unrest, however, is the legal uncertainty surrounding oil investments in Indonesia.
These regulations shared a direct correlation to the protection of local oil investments.
And it has attracted the largest oil investment in the country's history.
Helped by the oil investments, Colombia's economy is expected to grow 5 percent this year, the same rate as in the last two years.
Russia has taken notice of their increasing foreign oil investment improving politics with other countries, especially former states of the Soviet Union.
Without at least $5 billion a year in oil investment, oil analysts say, Pdvsa will face production declines down the road.
After graduation, he went to Texas where his father had some oil investments and entered the oil business himself.
Newfoundland is in the midst of a 15-year, $10 billion oil investment plan.