Venezuela unlikely to make up for banned Russian crude: experts dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
Its once-flourishing oil industry decimated by corruption, poor management and US sanctions, Venezuela's vast crude reserves are unlikely to make up for banned Russian oil even if Washington eases me…
CARACAS - Its once-flourishing oil industry decimated by corruption, poor management and US sanctions, Venezuela's vast crude reserves are unlikely to make up for banned Russian oil even if Washington eases measures against Caracas, experts say.
Venezuela unlikely to make up for banned Russian crude: experts extra.cw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from extra.cw Daily Mail and Mail on Sunday newspapers.
Venezuela s PDVSA, Mixing Big Oil And Leftist Politics
Venezuela s PDVSA, once among the world s most powerful oil firms, was transformed and largely gutted under Hugo Chavez and Nicolas Maduro. But the story is more complicated than it may seem.
BUENOS AIRES Amid anxiety in Argentina over the state of the country s main oil firm, YPF with problems of debt, management and an uncertain future under a socialist government people are inevitably making comparisons with Venezuela s
Petróleos de Venezuela, (PDVSA) another South American energy giant that was a victim of politicized mismanagement.
Still, the Argentinian firm s fate so far is not comparable with the havoc wreaked on PDVSA under the governments of presidents Hugo Chávez and Nicolás Maduro.