Oil-for-loan debts cost Venezuela’s PDVSA hard-won India market share

08 March 2017, Caracas/Houston/New Delhi — Venezuela’s state-run oil company, PDVSA, has spent at least a decade trying to build business ties and boost shipments to refineries in India, where crowds once welcomed the late socialist leader Hugo Chavez with cries of “Viva!” Now, the ailing firm is being forced to slash sales to its […] More »