Venezuela to nationalize U.S. firm’s oil rigs

Venezuela to nationalize U.S. firm’s oil rigs

Venezuela will nationalize a fleet of oil rigs belonging to U.S. company Helmerich and Payne, the latest takeover in a push to socialism as President Hugo Chavez struggles with lower oil output and a recession.

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Venezuela to nationalize U.S. firm’s oil rigs

Venezuela to nationalize U.S. firm’s oil rigs

Venezuela will nationalize a fleet of oil rigs belonging to U.S. company Helmerich and Payne, the latest takeover in a push to socialism as President Hugo Chavez struggles with lower oil output and a recession.

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Your email address will not be published.