After decades of being Venezuela’s cash
cow, the state oil company PDVSA is a ragged shadow of its former self:
overburdened, underfed and in hock to Russian and Chinese creditors. The woes
of the group, whose full name is Petroleos de Venezuela S.A., look set to
worsen because of U.S. sanctions imposed last month restricting its access to
credit. More…
No comments:
Post a Comment