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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.
The leading oil company is Petróleos de Venezuela S.A. (PDVSA), which according to Venezuelan authorities produces 3.3 million barrels per day (520,000 m 3 /d). [1] However, oil industry analysts and the U.S. Energy Information Administration believe it to be only 2.8-2.9 million barrels per day (460,000 m 3 /d).
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 ...
Hess Oil Virgin Islands Corporation started refinery construction in January 1966 having purchased the property from Annie de Chabert and, in October of the same year, the refinery started operating. [4] [5] In 1974, the capacity of refinery was expanded up to its peak at 650,000 barrels per day (103,000 m 3 /d). Hovensa LLC, which took over ...
Puerto Miranda is an oil port situated on the east side of Lake Maracaibo in Venezuela opposite the city of Maracaibo and is operated by the Venezuelan State Oil Company (PDVSA PETROLEO, S.A.) [1] It is the largest crude oil export port in South America.
[3] [4] In February 2005, after a PDVSA subsidiary had taken a stake in the joint venture, the project again received approval. [3] ConocoPhillips was the operator of the field and owned 32.5% of the project, with PDVSA through subsidiary CVP holding 35%, Italian company Eni holding 26% and Taiwanese company CPC Corporation holding 6.5%. [2] [4]
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 ...
He was Minister of Petroleum of Venezuela and President of Petróleos de Venezuela (PDVSA) from 2017 to 2020. Between 2015 and 2017 he served as Minister of Housing ...