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Petróleos de Venezuela, S.A. (PDVSA, Spanish pronunciation: [peðe?βesa]) (Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil, as well as exploration and production of natural gas. Since its founding on 1 January 1976 with the nationalization of the Venezuelan oil industry, PDVSA has dominated the oil industry of Venezuela, the world's fifth largest oil exporter.
Read more >http://en.wikipedia.org/wiki/PDVSA
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