The ‘catastrophic’ state of Venezuela’s oil facilities
Carabobo, in the heart of Venezuela’s Orinoco belt, is one of the world’s largest oilfields and was expected to pump 325,000 barrels of crude a day this month — more than a third of the country’s entire oil production. Instead the field, operated by the state-owned Petróleos de Venezuela (PDVSA), is languishing. Internal projections seen … Read more







