Pdvsa

Pdvsa

company Venezuela

Pdvsa, or Petróleos de Venezuela, S.A., is the state-owned oil and natural gas company of Venezuela, established in 1976. It is one of the largest oil companies in the world and plays a crucial role in the Venezuelan economy, contributing significantly to the country's revenue through oil exports. Recently, Pdvsa was in the news for resuming oil exports to India and China after a brief suspension due to tensions arising from U.S. tariffs and sanctions.

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Recent Mentions

Guyana Guyana: PDVSA in April canceled cargoes scheduled for delivery to one of its main joint-venture partners. 5

Stabroek News: US-authorized buyers of Venezuelan oil complete transactions as licenses expire

Venezuela Venezuela: Pdvsa is reorganizing oil production and upgrading crude to refine more oil across the country. 5

El Nacional: Venezuela reanuda exportaciones petroleras a la India y China tras semana de tensión