PDVSA, Petróleos de Venezuela S.A., Company Profiles, Petrochemicals

Short Name: PDVSA
Address: Av. Libertador La Campiña, torre Este, Edificio Petróleos de Venezuela
Phone: 58-212-7084111
Fax: 58-212-7084460
City: Caracas
State: Distrito Federal
Zip Code: 1050-A
Country: Venezuela
Website: http://www.pdvsa.com.ve/
General Email: webmaster@pdvsa.com
Regional Presence: Argentina, Ecuador, Brazil, Colombia, Venezuela, Uruguay, Bolivia, Panama, Cuba, Caribbean, Bahamas

Description:

Venezuela's state oil company in charge of the development of the petroleum and petrochemical, as well as planning, coordinating, supervising and controlling the operational activities of its divisions, both in Venezuela and abroad.

Last Update: Friday, August 8, 2008

Research by: Franco Norero

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PDVSA 9-month profits up 255% to US$12.1bn Oil 05/Jan/09 - Venezuela
Consultancy: Fall in oil prices, referendum increasing country's political risk Oil 05/Jan/09 - Venezuela
PetroFalcon opts out of Chevron's Cardon III block Oil 05/Jan/09 - Venezuela
YPFB to up Venezuelan diesel imports Oil 05/Jan/09 - Bolivia
ANALYSIS: Which projects will fall prey to low prices, financial crisis? Oil 31/Dec/08 - Regional
PDVSA doubles natural gas production in 10 years Oil 30/Dec/08 - Venezuela
PDVSA: Paraguaná operations normal following fire Oil 29/Dec/08 - Venezuela
Chávez urges motorists to conserve fuel Oil 24/Dec/08 - Venezuela
PDVSA restores operations at Cardón refinery Oil 19/Dec/08 - Venezuela
PDVSA: Power failure halts operations at Cardón refinery Oil 18/Dec/08 - Venezuela
StatoilHydro mulls bidding in Carabobo tender Oil 18/Dec/08 - Venezuela
New output cuts to total 189,000b/d Oil 18/Dec/08 - Venezuela
OPEC to cut output by 4.2Mb/d from September ceiling Oil 17/Dec/08 - Regional
Analyst: Nation better prepared than before to confront low oil prices Oil 16/Dec/08 - Venezuela
CAF to finance Manabí refinery environmental studies Oil 15/Dec/08 - Ecuador
Analyst: PDVSA likely to push for 1.5M-2Mb/d OPEC cut Oil 11/Dec/08 - Venezuela
Initial La Paz seismic exploration results in February Oil 11/Dec/08 - Bolivia
Industry expecting further JV consolidation Oil 10/Dec/08 - Venezuela
Government saves US$132mn from PDVSA swap Oil 10/Dec/08 - Ecuador
Harvest: Petrodelta to restrict output on OPEC cuts Oil 09/Dec/08 - Venezuela
Víbora gas output in 90 days, Sanandita drilling to begin Oil 09/Dec/08 - Bolivia
PDVSA begins process to merge Chevron, Hocol and Perenco JVs Oil 09/Dec/08 - Venezuela
Petroindustrial, Inda ink deal to legalize refinery land Oil 05/Dec/08 - Ecuador
Financing to play key role in Carabobo round Oil 04/Dec/08 - Venezuela
PDVSA Refinación Oriente launches crude storage, loading project Oil 03/Dec/08 - Venezuela
PDVSA: 19 companies interested in Carabobo tender Oil 03/Dec/08 - Venezuela
PDVSA Oriente dispatches 168Mb in Q3 Oil 02/Dec/08 - Regional, Venezuela
PDVSA awards CGGVeritas US$100mn seismic program Oil 02/Dec/08 - Venezuela
PDVSA to reevaluate plans to build 2 refineries 01/Dec/08 - Regional
Minister: Manabí refinery timetable on track Oil 01/Dec/08 - Ecuador
Minister: OPEC will decide on 1Mb/d cut in Algeria Oil 01/Dec/08 - Ecuador, Venezuela
Russian JVs could start new Orinoco production in 2 years Oil 28/Nov/08 - Venezuela
Russia pledges to support Chávez pricing proposals Oil 27/Nov/08 - Venezuela
Newly acquired rig to drill 3 wells on Cabimas Oil 26/Nov/08 - Venezuela
PDVSA controls fire at storage tank Oil 26/Nov/08 - Venezuela
Menpet adds 3 blocks to Carabobo tender Oil 24/Nov/08 - Venezuela
PDVSA, Petrovietnam planning Vietnam refinery Oil 21/Nov/08 - Venezuela
PDVSA spuds Sabaneta A-X Oil 17/Nov/08 - Venezuela
PetroFalcon losses widen to US$7.1mn in Q3 Oil 14/Nov/08 - Venezuela
Analyst: Carabobo tender to attract bidders despite fears, lower prices Oil 10/Nov/08 - Venezuela
Petroproducción awards SCAN Geophysical offshore seismic contract Oil 10/Nov/08 - Ecuador
PDVSA, Gazprom drill 1st offshore well in Gulf Oil 07/Nov/08 - Venezuela
Harvest posts Q3 loss of US$5.9mn Oil 05/Nov/08 - Venezuela
Petrobras evaluating participation in Carabobo 1 tender Oil 05/Nov/08 - Brazil, Venezuela
PDVSA awards Socotherm US$74mn contract Oil 04/Nov/08 - Venezuela
Menpet launches round for 4 Carabobo blocks Oil 30/Oct/08 - Venezuela
Country reserves grow by 10Bb to nearly 153Bb Oil 30/Oct/08 - Venezuela
PDVSA set to launch Carabobo tender Oil 29/Oct/08 - Venezuela
Ministry expects Sacha field results in January Oil 29/Oct/08 - Ecuador
Manabí refinery seismic, visualization 90% complete Oil 29/Oct/08 - Ecuador
Petroandina starts La Paz exploration, initial work to take 14 months Oil 28/Oct/08 - Bolivia
PDVSA starts upgrade works at PLC refinery Oil 28/Oct/08 - Venezuela
Saipem wins orders from Petrobras, PDVSA Oil 28/Oct/08 - Brazil, Venezuela
Team departs to begin La Paz exploration work Oil 27/Oct/08 - Bolivia
Ministry: Output to fall 129,000b/d as part of OPEC cutback Oil 24/Oct/08 - Venezuela
Petroproducción to expand offshore exploration Oil 23/Oct/08 - Ecuador
PDVSA rules out changes to Petrocaribe Oil 22/Oct/08 - Regional, Venezuela
Official: Venezuelan-trained technicians to advance refinery project Oil 21/Oct/08 - Nicaragua
Sinorgas works 25% complete, phase 1 ready in December 2009 Oil 20/Oct/08 - Venezuela
Next year's budget puts oil at US$60/b Oil 16/Oct/08 - Venezuela
Ministry rejects PetroFalcon acquisition of Anadarko assets Oil 09/Oct/08 - Venezuela
ANALYSIS: Since when was US$90/b oil cheap? Oil 06/Oct/08 - Regional
Petrobras, PDVSA okay final terms of Abreu e Lima refinery partnership Oil 01/Oct/08 - Brazil, Venezuela
ConocoPhillips excluded from natural gas announcements Oil 22/Sep/08 - Venezuela
LNG investments to hit US$19.6bn, JVs include Chevron, Gazprom, Eni Oil 22/Sep/08 - Venezuela
LNG investments to hit US$19.6bn, JVs include Chevron, Gazprom, and Eni Privat 19/Sep/08 - Venezuela
Enap, PDVSA to pump US$310mn, US$40mn into Guayaquil exploration Oil 16/Sep/08 - Ecuador
RAE to supply Pemex, PDVSA, Petrobras Oil 16/Sep/08 - Regional
Petroecuador, PDVSA, Enap to ink Guayaquil gas exploration deals Oil 12/Sep/08 - Ecuador
PDVSA looking to consolidate Chevron, Hocol JVs Oil 09/Sep/08 - Venezuela
Expert: Colombia may need to turn to LNG Oil 05/Sep/08 - Regional
PDVSA would reinvest gains from distribution nationalization Oil 02/Sep/08 - Venezuela
Report: Tenders for 3 Carabobo blocks could begin in October Oil 01/Sep/08 - Venezuela
Petrodelta should see 2nd rig drilling in October Oil 20/Aug/08 - Venezuela
Executive: Petrobras to invest US$11bn in Premium refinery Oil 19/Aug/08 - Brazil
Venezuela to begin fuel exports to Colombia, Paraguay Oil 18/Aug/08 - Regional
PetroFalcon Q2 loss expands to US$4.4mn Oil 12/Aug/08 - Venezuela
Correa's ITT proposal could hinge on state guarantee Oil 08/Aug/08 - Ecuador
Harvest back in black with new Petrodelta output Oil 07/Aug/08 - Venezuela
Chevron Q2 South American output dips 2% to 103,000b/d Oil 01/Aug/08 - Regional
StatoilHydro reports Q2 take of 16,300b/d at Petrocedeño Oil 01/Aug/08 - Venezuela
Magazine: Petrobras to top Pemex as Latin America's biggest company Oil 30/Jul/08 - Regional
Chávez says Junín 7 output with Repsol YPF to hit 200,000b/d Oil 25/Jul/08 - Venezuela
ConocoPhillips aims to become major ethanol producer Oil 24/Jul/08 - Brazil
PDVSA signs deals with Russia's Lukoil, Gazprom, TNK-BP Oil 22/Jul/08 - Venezuela
Fitch withdraws ratings on heavy oil projects Oil 21/Jul/08 - Venezuela
ANALYSIS: Service companies facing threat of nationalization Oil 26/Jun/08 - Venezuela
PDVSA invites Petropar to E&P in Boyacá 2 Oil 20/Jun/08 - Paraguay, Venezuela
PDVSA increases LNG project scope to 3 trains Oil 19/Jun/08 - Venezuela
PDVSA sets 326Mm3/d goal, analyst calls for "massive investment" Oil 04/Jun/08 - Venezuela
Harvest receives US$58mn dividend for Petrodelta stake Oil 02/Jun/08 - Venezuela
ANALYSIS: Windfall tax yet another setback for investors Oil 19/May/08 - Venezuela
PDVSA starts drilling on Boyacá 6 Oil 15/May/08 - Venezuela
PDVSA: LNG exports to begin by 2014 Oil 14/May/08 - Regional
PetroFalcon Q1 loss expands to US$1.7mn Oil 14/May/08 - Venezuela
Enarsa: Temporary LNG tanker to arrive May 25 Oil 12/May/08 - Regional
Unasur holds first South American energy council in Caracas Oil 08/May/08 - Regional
Total CFO: Sincor compensation reaches 18,000b/d in Q1 Oil 07/May/08 - Regional, Venezuela
Vouchers could give competitive advantage in upcoming round Oil 07/May/08 - Venezuela
Harvest back in black with US$200,000 Q1 net Oil 05/May/08 - Venezuela
Analyst: Dutch investment treaty pullout bad for business Oil 28/Apr/08 - Venezuela
Petrocedeño to restart Zuata sweet shipments in May Oil 28/Apr/08 - Venezuela
Official: Reliance to acquire 90% of Pan Andean's block 141 Oil 28/Apr/08 - Peru
Harvest CEO: New windfall tax would hurt industry Oil 10/Apr/08 - Venezuela
PetroFalcon to acquire Anadarko country assets Oil 07/Apr/08 - Venezuela
Analyst: Investment fears hamper LNG development Oil 02/Apr/08 - Argentina
PetroFalcon reports US$3.6mn loss on new accounting method Oil 01/Apr/08 - Venezuela
More than 20 companies interested in LNG terminal Oil 28/Mar/08 - Argentina, Venezuela
Petropar studying storage tank installation in Argentina Oil 24/Mar/08 - Paraguay
Harvest back in black with US$57.2mn 2007 profit Oil 19/Mar/08 - Venezuela
British judge overturns PDVSA asset freeze, no appeal planned Oil 18/Mar/08 - Venezuela
PDVSA to divert Chalmette shipments to Petrochina Oil 13/Mar/08 - Venezuela
PetroFalcon farms into Cardon IV Oil 12/Mar/08 - Venezuela
CVP: Orinoco upgraders producing in excess of 600,000b/d Oil 11/Mar/08 - Venezuela
Bi-national pipeline ops normal despite tensions Oil 03/Mar/08 - Colombia, Venezuela
Petrodelta's 2008 drilling program to up output, reserves Oil 26/Feb/08 - Venezuela
PetroFalcon begins natgas deliveries from Cumarebo Oil 25/Feb/08 - Venezuela
Embassy: ExxonMobil assets worth US$750mn Oil 18/Feb/08 - Venezuela
Total: Balance, not confrontation, needed for success Oil 14/Feb/08 - Venezuela
PDVSA: Petrocedeño upgrader to be taken offline for repairs Oil 12/Feb/08 - Venezuela
Total to receive oil for 17% Sincor stake Oil 08/Feb/08 - Venezuela
Binational pipeline flowing at 2.3M-2.6Mm3/d Oil 06/Feb/08 - Colombia, Venezuela
PetroFalcon closes Lundin transaction Oil 04/Feb/08 - Venezuela
PDVSA buys back US$630mn in Cerro Negro bonds Oil 31/Dec/07 - Venezuela
PDVSA announces pricing for Cerro Negro bonds Oil 27/Dec/07 - Venezuela
Ecopetrol, PDVSA Gas sign supply contract Oil 26/Dec/07 - Colombia, Venezuela
Officials: Binational pipeline still set to start ops in 2008 Oil 30/Nov/07 - Colombia, Venezuela
Report: JV privileges extended Oil 14/Nov/07 - Venezuela
Uruguay, Argentina contacting potential LNG partners Oil 30/Oct/07 - Regional

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Directors

Chairman
Vice President Exploration and Production
Vice President of Refining, Trade and Supply

Management

Financial Director
Planning Director
Commercial and Supply Director
Human Resources Director
Exploration Director
Refining Director
Production Director
Crude Improvement Management Business Unit Director
Integral Health Manager
Logistics Services Manager
Affairs Public Manager
Assistant Presidency Manager
Prevention and Control Manager
Special Projects Manager
Industrial Security Manager
Atmosphere and Occupational Hygiene Manager
Companies of Social Production Manager

Other Contacts

Legal Contact/ General Counsel
Press National Manager
International Press
Unit of Events and Protocol Analyst

Ownership & Operations

Parent Company

Significant Regional subsidiaries and Affiliates	(December 31, 2007)

Regional Presence

Primary Activities

Headcount

Year Started

Market Information

Major Clients / Contracts

Major Projects (Latin America)

Top Competitors

Other Sector Players

Business News Americas

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Petrochemicals

Company Profiles

Petróleos de Venezuela S.A.