DAN KEANE
Associated Press
LA PAZ, Bolivia — President Evo Morales signed into law Sunday contracts that give the government control over the operations of foreign energy companies, completing a process begun May 1 with the nationalization of Bolivia’s petroleum industry.
The deals, signed by the companies last month, also grant Mr. Morales’ government a majority share of the foreign companies’ revenues generated in Bolivia. Companies that signed contracts include Brazilian state energy giant Petrobras, Spanish-Argentine Repsol YPF, France’s Total SA, and British Gas, a unit of BG Group PLC.