Table of Contents
What is the meaning of PDVSA?
Petroleum of Venezuela
Petróleos de Venezuela, S.A. (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.
When was PDVSA nationalized?
1 January 1976
The country officially nationalized its oil industry on 1 January 1976 at the site of Zumaque oilwell 1 (Mene Grande), and along with it came the birth of Petróleos de Venezuela S.A. (PDVSA) which is the Venezuelan state-owned petroleum company.
When was PDVSA sanctioned?
On 15 February 2019, officials of Maduro’s security and intelligence were sanctioned for helping suppress democracy; the head of state-run PDVSA was also sanctioned. The U.S. Treasury Department says the security officials are responsible for torture, human rights abuses, and extrajudicial killings.
Does Venezuela have oil refineries?
CARACAS, May 23 (Reuters) – Iranian state firms have started preparations to revamp Venezuela’s largest oil refinery, the 955,000-barrel-per-day Paraguana Refining Center, four people close to the talks said, following a contract to repair its smallest facility.
Where is Pdvsa located?
Petróleos de Venezuela, SA, state-owned Venezuelan company created through the nationalization of the petroleum industry on Jan. 1, 1976. It earns the largest share of Venezuela’s foreign exchange. Its headquarters are in Caracas.
How do I contact Pdvsa?
PDVSA Services INC: Woodland Park Plaza. 11490 Westheimer. Suite 800. Houston, Texas, 77077-6847 USA, Telephone : 1 (281) 531 0004 Fax 1 (281) 588 6290, E-mail: [email protected] email address is being protected from spambots.
Who owns Citgo now?
PDVSACITGO Holding, Inc.
Citgo/Parent organizations
What gas company is owned by Venezuela?
Petróleos de Venezuela, S.A.
Citgo Petroleum Corporation (or Citgo, stylized as CITGO) is a United States–based refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial products….Citgo.
| Type | Private |
|---|---|
| Owner | Petróleos de Venezuela, S.A. |
| Number of employees | 3,400 (2020) |
| Website | www.citgo.com |
How did Venezuela get so poor?
Political corruption, chronic shortages of food and medicine, closure of businesses, unemployment, deterioration of productivity, authoritarianism, human rights violations, gross economic mismanagement and high dependence on oil have also contributed to the worsening crisis.