Petroleos de Venezuela SA - Company Profile

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Petroleos de Venezuela SA: Overview

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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 for 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.

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Headquarters Venezuela
Address MinPetroleo Complex – PDVSA, Avenida. Libertador with El Empalme street, La Campina, Caracas, 1080
Website www.pdvsa.com
Industry Energy and Utilities
   
   
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Petroleos de Venezuela SA premium industry data and analytics

120+

Upstream

Access comprehensive data and analysis of global upstream assets. This includes key information on fields, wells and blocks. It covers key commercial, geological, and technical attributes of assets and analysis of developments.

90+

Midstream

Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants.

40+

Petrochemical Plants

Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants.

16+

Downstream

View detailed information on global active, upcoming , decommissioned, and cancelled crude oil refineries, heavy oil upgraders and condensate splitters.

8

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for Petroleos de Venezuela SA.

2

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Petroleos de Venezuela SA (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

Products and Services

Products Brands
Natural Gas PDV
Liquefied Petroleum Gas CITGO
Crude Oil
XYZ
XYZ
XYZ
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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.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Petroleos de Venezuela SA Shell plc TotalEnergies SE BP Plc Chevron Corp
Headquarters Venezuela United Kingdom France United Kingdom United States of America
City Caracas London Paris London  San Ramon
State/Province - England Ile-de-France England California
No. of Employees - 103,000 102,579 87,800 45,600
Entity Type Government Public Public Public Public
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Executives
Name Position Board Since Age
Ricardo Menendez Prieto Manager; Director Executive Board - -
Simon Alejandro Zerpa Delgado Director; Manager Executive Board - -
Wils Asencion Rangel Linares Director; Manager Executive Board - -
Ricardo Andres Leon Sabala Manager; Director Executive Board - -
Pedro Rafael Tellechea Ruiz President Senior Management 2023 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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