Chevron said on Wednesday that it evacuated executives from Venezuela following the imprisonment of two of its workers last week. The assets of Chevron are increasingly in peril, and the company is showing signs that it might pull the plug. In mid-April, Venezuelan authorities arrested two Chevron employees over refusing to sign contracts with PDVSA. The workers said that PDVSA was offering equipment at inflated prices, so they held off on signing the contracts. Insiders have told Reuters that the practice of jacking up the prices on equipment has been used in the past to siphon off money for personal gain. But with PDVSA and the Venezuelan government turning on Chevron, a company that is a crucial joint venture partner in five important oil projects in the country, things could take a turn for the worse. Chevron reportedly evacuated company executives from Venezuela and told workers remaining there “to […]