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American motorists rely on Petróleos de Venezuela S.A. (PDVSA), one of the top exporters of oil to the US. The state-owned company has proved reserves of about 79 billion barrels of oil -- the most outside the Middle East -- and about 4.1 trillion cu. meters of natural gas. PDVSA's exploration and production take place in Venezuela, but the company also has refining and marketing operations in the Caribbean, Europe, and the US. Subsidiary CITGO Petroleum supplies gasoline to some 8,000 US retail outlets. PDVSA also makes Orimulsión, a coal alternative made from bitumen. As part of a nationalization drive, in 2007 the company took control of 32 oil fields run by private, including foreign, enterprises.
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| | | Contact Information | |
Address: |
Edificio Petróleos de Venezuela, Avenida Libertador, La Campiñ
Caracas 1010-A, Venezuela
| | Phone: | +58-212-708-4111 | | Fax: | +58-212-708-4661 |
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| Financial
Highlights | | Fiscal Year End: | December |
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Key People
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President, CEO, and Director:
Rafael Ramírez Carreño
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Managing Internal Director; Board Member:
Eudomario Carruyo
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Manager National Communications:
Alfredo Cárquez
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