PDVSA to Begin Paying Debt to Contractors Tomorrow

(Bloomberg) — Petroleos de Venezuela SA, the state oil company, will begin to pay as many as 6,000 contractors and domestic vendors in a


Dallas-based Ensco International Inc. halted drilling last month because PDVSA was $35.5 million behind on payments. Helmerich & Payne Inc. of Tulsa said Jan. 29 it would idle its 11 rigs in Venezuela by July if $100 million in late bills weren