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(IHT) - CARACAS, Venezuela: Venezuela's national oil company is being shaken by claims of corruption and by internal dissent, indicating fissures within the institution largely responsible for financing President Hugo Chávez's widening array of social welfare programs and foreign aid projects. The problems at the company, Petróleos de Venezuela, have been compounded by a rare acknowledgment by Rafael Ramírez, the energy minister and president of the company, that it cannot hire enough drilling rigs, raising concern over its ability to halt declines in oil production. Link |
