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| Caribbean-Latin America |
| Venezuela Arrests Two Chevron Executives |
| 2018-04-22 |
| [PJMedia] As Venezuela suffers through the end stages of socialism, it seems that its government would rather its people starve than give up on its utopian dreams. "Take one for the team!" CNBC reports: "Venezuelan Sebin intelligence agents burst into the Petropiar (PDVSA) joint venture's office in the coastal city of Puerto La Cruz on Monday and arrested ... two Venezuelan [Chevron] employees for alleged wrongdoing." What was the crime? "The executives were arrested after disagreements with their PDVSA counterparts over procurement processes, two of the sources said." A spokesperson for Chevron acknowledged the arrests, and said the company is working to make sure the employees are safe and to get them released in a timely manner. She declined to comment further. Business disagreements are not grounds for arrest -- unless you're in a socialist hellhole like Venezuela, where disagreeing with the government makes you an enemy of the people. Raul Gallegos, associate director with consultancy Control Risks, argued that this will remind companies to never "assume that good relations with PDVSA can last forever due to a common interest in pumping oil." "The level of corruption in PDVSA, especially under a military administration, can and will trump production logic." |
| Posted by:Frank G |
| #3 Chevron needs to shut down. Let those nativist bastards try to run a drilling operation without the expertise needed with such crappy heavy crude. |
| Posted by: Injun Bucket8891 2018-04-22 21:21 |
| #2 disagreements They were negotiating the 'pre-contract completion signing bonuses'. |
| Posted by: Skidmark 2018-04-22 16:45 |
| #1 What was the crime? "The executives were arrested after disagreements with their PDVSA counterparts over procurement processes, two of the sources said." That's a Democrat's wet dream - arrest people who disagree with you! |
| Posted by: Raj 2018-04-22 11:10 |