Venezuelan President Hugo Chavez, attempting to bolster his socialist spending programs, has nationalized nearly 40 domestic and international oil services companies operating in his country, with another 20 still under threat.“This is a revolutionary offensive,” Chavez said on national television, adding, “These spaces are now for the people, we have freed them from capitalism, they are for the creation of a new country.”The property seized includes at least 13 oil rigs, 39 terminals, 300 boats, and other installations, including two major gas operations. The seizures come just 2 months after Chavez sent troops to take over key oil ports in the country (OGJ Online...