Venezuela state oil company PDVSA reports sharp drop in revenues
This 13 December 2002 photo shows a view of an oil refinery of the PDVSA Venezuelan oil company in the oil port of Tia Juana, Venezuela, 50 km (31 miles) from Maracaibo (AFP Photo/ANDREW ALVAREZ)/ Caracas (AFP) - Venezuela's state-owned oil company PDVSA revealed on Saturday that its revenues have dropped sharply, spelling bad news for a crisis-torn country heavily reliant on its exports of crude oil. Revenues in 2016 slumped 33.5 percent compared to the previous year, the company said in a report published on its website. PDVSA registered ...
Click
To Read Full Article