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On 29 August 1975, during the tenure of President Carlos Andrés Pérez, "Law that Reserves the Hydrocarbon Industry to the State" was enacted and the state-owned company Petróleos de Venezuela (PDVSA) was created to control all oil businesses in the Venezuelan territory. The law came into effect on 1 January 1976, as well as the ...
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.
Ciudad Juárez (US: / s juː ˌ d ɑː d ˈ h w ɑːr ɛ z / sew-DAHD HWAR-ez, Spanish: [sjuˈðað ˈxwaɾes] ⓘ; "Juárez City"), commonly referred to as just Juárez (Lipan: Tsé Táhú'ayá), is the most populous city in the Mexican state of Chihuahua. [5]
[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 oil and gas industry spends only 0.4% of its net sales on research & development (R&D) which is in comparison with a range of other industries the lowest share. [36] Governments such as the United States government provide a heavy public subsidy to petroleum companies , with major tax breaks at various stages of oil exploration and ...
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 ...
The station logo depicts the bust of Benito Juárez (1806-1872), a Mexican lawyer and politician of Zapotec origin from Oaxaca who served five terms as the president of Mexico: 1858–1861 as interim, then 1861–1865, 1865–1867, 1867–1871 and 1871–1872 as constitutional president.
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