Petroleos de Venezuela SA - Company Profile
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Petroleos de Venezuela SA (PDVSA) is a state-owned oil and gas company. It plans, coordinates, supervises, and controls the activities in the entire oil and gas value chain. The company explores and develops oil and other hydrocarbons; refines, trades, and supplies products in domestic and overseas markets. PDVSA administers refineries, marketing and transportation of crude oil and refined products in various countries. The company markets its refined petroleum products under PDV brand in Venezuela and CITGO brand across Eastern and Mid-western regions of the US. PDVSA is headquartered in Caracas, Venezuela.
Headquarters
Venezuela
Address
Libertador Avenue and El Empalme Street, Ministry of People's Power for Hydrocarbons Complex, Caracas, 1080
Website
www.pdvsa.com
Industry
Energy and Utilities
Petroleos de Venezuela SA premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Natural Gas | PDV |
| Liquefied Petroleum Gas | CITGO |
| Crude Oil | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Others | In December, the company and Chevron Corporation requested a 15-year extension for their joint ventures. |
| 2023 | Contracts/Agreements | In December, the company entered into an agreement with the Korsou Refinery to restart Venezuela-Curaçao commercial relations. |
| 2023 | Contracts/Agreements | In November, the company entered into an agreement with Maurel&Prom for the quick strart of M&P's mixed company operations in Venezuela. |
Competitor Comparison
| Key Parameters | Petroleos de Venezuela SA | Shell plc | BP Plc | Chevron Corp | TotalEnergies SE |
|---|---|---|---|---|---|
| Headquarters | Venezuela | United Kingdom | United Kingdom | United States of America | France |
| City | Caracas | London | London | Houston | Courbevoie |
| State/Province | - | England | Greater London | Texas | Ile-de-France |
| No. of Employees | - | 85,000 | 93,700 | 43,039 | 102,887 |
| Entity Type | Government | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ali Rodriguez Araque | President | Senior Management | - | - |
| Hector Andres Obregon Perez | President | Senior Management | 2024 | - |
| Juan Carlos Diaz Socorro | Vice President - Commerce and Supply | Senior Management | - | - |
| Ronny Rafael Romero Rodriguez | Vice President - International Affairs | Senior Management | - | - |
| Christiam Moises Hernandez Verdecanna | Vice President - Finance | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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