Preliminary plans have been announced by Venezuela's government to take the state-owned oil company - PDVSA - and break it in two. The restructuring would "decentralize" the company and..
Preliminary plans have been announced by Venezuela's
government to take the state-owned oil company - PDVSA - and
break it in two. The restructuring would "decentralize" the
company and reduce "exorbitant bureaucratic costs," according
to the nation's energy minister. But political observers say
it is a move to end a months-long strike aimed at ousting
President Hugo Chavez from power.
Fig. 5
The U.S.
imports about 14% of its
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