PetrĂ³leos de Venezuela, S.A. (acronym PDVSA) (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. Since its founding on January 1, 1976, with the nationalization of the Venezuelan oil industry, PDVSA has dominated the oil industry of Venezuela, the world's fifth largest oil exporter.
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Founded | 1976
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Key people | Maj. Gen. Manuel Quevedo, President
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Number of employees | 70,000
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Subsidiaries | PDV Marina
CVP Pequiven CIED PDVSA Gas PDV Deltaven Palmaven Electricidad de Caracas, C.A. (93.62%) Citgo (100%) |
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