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Venezuela’s oil purge cripples paralyses PDVSA

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Venezuela’s oil purge cripples paralyses PDVSA

17 December 2017, Caracas/Houston — Decisions at some joint ventures with foreign firms are delayed. A growing number of oil tankers sit idle because no one authorizes payments. Employees struggle to get approval for routine expenses, from taxis to training. An alleged crackdown on graft in Venezuela, seen by critics as an effort by President …

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Venezuela’s oil purge cripples paralyses PDVSA Venezuela’s oil purge cripples paralyses PDVSA Reviewed by Crude Oil Facilitators on 19:56 Rating: 5

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