Soldiers are taking over Venezuela's oil industry, and the country with the world's biggest oil reserves is falling further behind - Creak News

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Soldiers are taking over Venezuela's oil industry, and the country with the world's biggest oil reserves is falling further behind

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Venezuela Nicolas Maduro oil workersREUTERS/Miraflores Palace

CARACAS (Reuters) - Last July 6, Major General Manuel Quevedo joined his wife, a Catholic priest and a gathering of oil workers in prayer in a conference room at the headquarters of Petroleos de Venezuela SA, or PDVSA.

The career military officer, who for the past year has been boss at the troubled state-owned oil company, was at no ordinary mass. The gathering, rather, was a ceremony at which he and other senior oil ministry officials asked God to boost oil output.

See the rest of the story at Business Insider

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from Business Insider https://read.bi/2VaHg2B

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