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Other state-owned power companies are ENELBAR and ENELVEN-ENELCO (approximately 8% of capacities). In 2007, PDVSA bought 82.14% percent of Electricidad de Caracas (EDC) from AES Corporation as part of a renationalization program. Subsequently, the ownership share rose to 93.62% (December 2008). [12]
Petróleos de Venezuela, S.A. (acronym PDVSA, Spanish pronunciation: [peðeˈβesa]) (English: Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil as well as exploration and production of natural gas.
Electricidad de Caracas (BVC: EDC) is the integrated electricity company for Caracas, Venezuela and surrounding areas, with more than 1 million connections. It was acquired by AES Corporation in 2000 and sold to the state-owned oil company PDVSA in 2007, which now owns 93.62%. [ 1 ]
Caracas: 1982 Bank, defunct 2010 P D Banco Industrial de Venezuela: Financials Banks Caracas: 1937 Bank, defunct 2009 P D Banco Nacional de Crédito (BNC) Financials Banks Caracas: 1977 Bank P A Banco Occidental de Descuento (BOD) Financials Banks Maracaibo: 1957 Bank, defunct 2022 P D Banco Venezolano de Crédito: Financials Banks Caracas ...
Pedro Rafael Tellechea Ruiz (born 5 November 1975) is a Venezuelan military officer, politician, and mechanical engineer, who has held high government positions as Minister of Popular Power for Petroleum and President of Petróleos de Venezuela (PDVSA). In addition, from 2020 until 2023, he held the presidency of Petroquímica de Venezuela. [2 ...
The Coordinadora Democrática, led by the business federation Fedecámaras and the trade union federation Confederación de Trabajadores de Venezuela (CTV), called for a fourth paro cívico, which turned out to be the most serious, and is known as the 2002–2003 oil strike, to begin on 2 December 2002. The opposition also called a recall ...
BancoEstado is regulated mainly by the provisions of the Organic Law of the Bank of the State of Chile (Ley Orgánica del Banco del Estado de Chile), which defines the bank as an autonomous state-owned company with separate legal personality and its own assets, supervised exclusively by the Bank and Financial Institution Board (Superintendencia de Bancos e Instituciones Financieras).
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