Petroleos de Venezuela SA - Company Profile
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Petroleos de Venezuela SA (PDVSA) explores for and develops oil and other hydrocarbons; refines, trades, and supplies that in domestic and overseas markets. Domestic and commercial gas network, firm refining operation and focused R&D activities strengthened its operations, even as private ownership restricts ability to raise funds are cause of concern. Increasing demand of oil & petroleum products and increase in refinery capacity could provide new growth opportunities to the company. However, fluctuations in oil and gas prices, crisis in Venezuela and exploration production & development risks could affect its operations.
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