Post Tagged with: "cash stuffed backpacks"

Source: World Oil

PDVSA uses cash-stuffed backpacks, scrap metal as pay to restart oil production

World Oil

CARACAS (Bloomberg) –Amid the rusted remnants of Venezuela’s once-mighty oil industry, a motley crew of obscure drillers has achieved a feat few thought possible: It’s more than doubled the country’s crude production in the space of a year.…