Venezuela’s Oil Workers Moving On

Three years after President Hugo Chavez purged 20,000 employees from state-owned Petroleos de Venezuela, the oil giant’s production still hasn’t recovered, but many who became part of a global diaspora of Venezuelan talent slowly are putting their lives and careers back together.

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Worse is that average daily production has remained flat over the last two years and may have declined by 120,000 barrels more this year. Chavez was forced to concede in early May that production has fallen by about that much in Zulia, the western state where oil was first discovered and exploited in the 1920s. Energy ministry officials since have said that production drop has been recovered, but experts are skeptical.

LA Times