OPEC

Interven to Manage Venezuela's Overseas Outlets 

Venezuela's state oil company Petroleos de Venezuela (PDV) has carried out a structural reorganisation under which the responsibilities of its subsidiary Interven are to be widened to cover all PDV's recent downstream acquisitions overseas. According to an announcement in Caracas on 5 May, Interven - which was originally created to handle the refining interests acquired from Veba of West Germany (MEES, 27 January) -...