Washington, DC 20005 HECTOR ANDRS OBREGN PEREZVICE PRESIDENTEXECUTIVE, LUIS ENRIQUE MOLINA DUQUE VICE PRESIDENT OF EXPLORATION & PRODUCTION, LEYLI BEATRIZ FERRER AVENDAOVICE PRESIDENT OFPLANNING AND ENGINEERING, HEIFRED JHOSELIN SEGOVIA MARRERO VICE PRESIDENT OF FINANCE, GNESIS SABRINA RON SOLANOVICE PRESIDENT OF INTERNATIONAL COMMERCE AND SUPPLY, JUAN CARLOS DAZ SOCORROVICE PRESIDENT OF COMMERCE AND SUPPLY, GUSTAVO ADOLFO BOADAS DAZ VICE PRESIDENTOF REFINING, JUAN VICENTE SANTANA MIGLIACIN VICE PRESIDENT OF GAS, RONNY RAFAEL ROMERO RODRGUEZVICE PRESIDENT OF INTERNATIONAL AFFAIRS, YURBIS GMEZ EXTERNAL DIRECTOR RICARDO LEN EXTERNAL DIRECTOR SIMN ZERPA DELGADO EXTERNAL DIRECTOR WILLS RANGEL EXTERNAL DIRECTOR RICARDO MENNDEZ PRIETO EXTERNAL DIRECTOR. WebGiven the current political situation in Venezuela, the PDV Holding board was elected by the ad hoc Board of Directors of PDVSA which was appointed by, and now accountable to, The exchange was also approved by the companys sole shareholder and by the boards of the PDVSAs subsidiaries with oversight and control of CITGO. The law provided for all industry assets to revert to the nation on the expiry of the concessions, and for the government to appropriate all concessions not being exploited. Nicolas Maduro sold Nynas to mistery buyer? Its last reported accounts, as per website, are for 2020. Concurrent with this action, OFAC is issuing a general license that authorizes certain transactions and activities that are ordinarily incident and necessary to the wind down of transactions involving Rosneft Trading S.A. As a result of todays action, all property and interests in property of Rosneft Trading S.A. and Didier Casimiro that are in the United States or in the possession or control of U.S. persons, and of any entities that are owned, directly or indirectly, 50 percent or more by the designated individual and entity, are blocked and must be reported to OFAC. Hernandez Bolvar will fill the seat vacated on that board by Luisa Palacios in October. PDVSA - What does PDVSA stand for? The Free Dictionary His partner Betancourt, is part of several ongoing criminal probes. At the time of nationalization, heavy fuel oil accounted for 61% of total products exported. The government also began to feel that the previous policy of awarding service contracts would not be successful because it would not provide a more viable alternative to the outright nationalization of the industry. Together, we work to shape policy debate, devise solutions, and enhance cooperation within the Western Hemisphere. PDVSA's proved reserves rose from 18.2 billion barrels in 1976 to 58.35 billion barrels in 1989. Presentado por Juan Carlos Iragorri, con la participacin de Xavier Vil, periodista y analista cataln; Jos Lpez Zamorano, corresponsal jefe de Notimex Mxico; Michael Shifter, presidente del Dilogo Interamericano. Treasury Targets Russian Oil Brokerage Firm for Supporting Illegitimate Maduro Regime, Budget, Financial Reporting, Planning and Performance, Financial Markets, Financial Institutions, and Fiscal Service, Treasury Coupon-Issue and Corporate Bond Yield Curve, Treasury International Capital (TIC) System, Kline-Miller Multiemployer Pension Reform Act of 2014, Media Advisory: Sanctions-Related Travel by Senior Treasury Department Officials, Treasury, IRS Release Plan to Deliver Improved Service for Americans, Reduce Deficit by Hundreds of Billions, Remarks by Secretary of the Treasury Janet L. Yellen at the National Association for Business Economics 39th Annual Economic Policy Conference, Report on Foreign Portfolio Holdings of U.S. Securities at End-June 2022, Treasury Department Announces Approval of Federal Funds to Connect Hawaii Homes and Families to Affordable, High-Speed Internet as Part of President Bidens Investing in America Agenda, Treasury Sanctions Fugitive, Others Linked to CJNG Timeshare Fraud Network, Remarks by Assistant Secretary for Terrorist Financing and Financial Crimes Elizabeth Rosenberg at Media Engagement in Astana, Kazakhstan, Remarks by Secretary of the Treasury Janet L. Yellen at the Sacramento Metropolitan Chamber of Commerces 51st Annual Capitol-to-Capitol Program As, Remarks by Under Secretary Brian Nelson at American Chamber of Commerce Austria Roundtable, Form 941, employer's quarterly federal tax return, Identifying information on the entity and individual designated today, READOUT: G7 Enforcement Coordination Mechanism Deputies Meeting, READOUT: Treasury Department Convenes Roundtable to Discuss the American Rescue Plans Historic Investments in Rental Assistance for AANHPI Communities, READOUT: Treasury Department Convenes Roundtable Discussion on Inflation Reduction Act Incentives for Underserved Communities, Special Inspector General, Troubled Asset Relief Program (SIGTARP), Administrative Resource Center (ARC)- Bureau of the Fiscal Service. The publication is available to members of the Dialogues. Genesis Sabrina Ron Solano, vice As a prime source of hard dollars through both its earnings and crude oil purchases, Citgo will be the most valuable asset of a new Venezuelan government, and preserving its ownership without allowing any funds for the existing Maduro government is the most pragmatic course of action. PDVSA continues to invest in its production facilities with the intention of increasing production in a few years' time. IsNynsstiftelsen's stake tied to PDVSA? The Inter-American Dialogue hosted a private roundtable event featuring Ricardo Luna, the Peruvian Minister of Foreign Relations. If the notes were not validly issued, they are not binding on PDVSA, and the CITGO assets may not be seized by the noteholders in the event of default. You can explore additional available newsletters here. Then congress chief Juan Guaido appointed new boards and won U.S. court recognition of their authority over the refining subsidiary. Nevertheless, they are vitally important. battle over Venezuelas oil The man provided a raw material for the syrups, which are linked to the deaths of more than 70 children in Gambia. Get instant definitions for any word that hits you anywhere on the web. Wilhelm Belloso and Andrs Arvelo Guerrero also joined the PDV Holding ad-hoc board that oversees Citgo. With this acquisition, PDVSA gained access to a deep conversion refinery near Chicago with an installed capacity of 153,000 barrels per day, as well as distribution and marketing facilities in Illinois, Michigan, Iowa, Ohio, and Wisconsin. Venezuela's move toward controlling its oil industry took a significant step in 1943, when the new hydrocarbon law integrated all oil legislation. Prior to nationalization, only 33 exploratory wells had been drilled between 1971 and 1976, compared with 58 wells in 1976 and 225 in 1982. Guaido Team Adds to PDVSA Ad Hoc Board - Energy Discover People Learning Jobs Join now Sign in Project Director jobs 99,252 open jobs On January 09, 2023, according to decree N 4.765 published in the Extraordinary Official Gazette N 6.731, citizen PEDRO RAFAEL TELLECHEA RUIZ is appointed as president of the Oil State Company, Petrleos de Venezuela, S.A. (PDVSA), and its Board of Directors. Commercial marketing of the fuel has started at a modest level of 20,000 barrels per day, but could reach 600,000 barrels per day by the middle of the decade. Some lawmakers have sought to require Citgo pay dividends to holding companies Citgo Holding and PDV Holding, according to people familiar with the matter.
pdvsa board of directors
pdvsa board of directors