There’s Still Time for Golf Amid Venezuela Oil Industry Collapse

(Bloomberg) — Despite economic chaos and political paralysis, Venezuela’s beleaguered oil industry has still found time for one long-standing tradition: The charity golf tournament.The country’s oil chamber, an industry group, and Chevron Corp., one of just a handful of American companies still allowed to do business in the South American country, are sponsoring the Dec. 7 event.The Copa Chevron will take place at Maracaibo Country Club in the oil-rich state of Zulia, Venezuela’s Texas. According to a notice for the event, several prizes are up for grabs — in dollars, rather than the heavily devalued domestic currency — including $200 …read more

Source:: Yahoo Finance

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