Venezuela to oil contractors: Cost cu...

Venezuela to oil contractors: Cost cuts needed 9:11PM ET

There are 1 comment on the BusinessWeek story from Mar 7, 2009, titled Venezuela to oil contractors: Cost cuts needed 9:11PM ET. In it, BusinessWeek reports that:

Venezuela's top oil official on Friday said the government is slashing by 50 percent the amount it spends on oil industry contractors because of low crude prices.

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Burlington, NC

#1 Mar 7, 2009
They will loose good contractors and works will go to cheap & unproffessionals. Sorry for Venz. people!

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