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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.
However, the U.S. Treasury Department allowed most foreign partners of state oil company PDVSA to continue producing oil in Venezuela and exporting to destinations other than the U.S.
Venezuelan dollar bonds and those of PDVSA tumbled on the cancellation news, with Venezuela's 2027 maturity down 2.25 cents, last bid at 19.75 cents on the dollar. The PDVSA 2020 dropped one cent ...
And if Venezuela's state oil company PDVSA exports oil previously exported by Chevron, U.S. refineries will be unable to buy it due to U.S. sanctions. Since his return to office in January, Trump ...
The key element of the strikemation and technology enterprise that was formed to run electronic operations at Petróleos de Venezuela, was at this time 60 pe was the stoppage of production at the state oil company Petróleos de Venezuela (PDVSA), which was effected by management's locking workers out of facilities, along with the shipping ...
In March 2002, Petróleos de Venezuela (PDVSA), the state oil company that acted autonomously and accounted for 70% of Venezuela's foreign revenue, was targeted by Chávez out of fear of the oppositions ability to call national strikes and was to receive strict control from the government. [1]
Over a hundred employees at Venezuela's state oil company PDVSA, plus others in the oil ministry and parts of the public sector, have been forced to resign over their political views since last ...
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 ...