gptkbp:instanceOf
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gptkb:oil
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gptkbp:abbreviation
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gptkb:PDVSA
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gptkbp:challenge
|
corruption
political instability
sanctions
infrastructure decay
brain drain
lack of investment
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gptkbp:contributedTo
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Venezuelan economy
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gptkbp:country
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gptkb:Venezuela
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gptkbp:discoveredBy
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1914
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gptkbp:environmentalImpact
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oil spills
water pollution
deforestation
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gptkbp:exporterRank
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one of the world's largest
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gptkbp:field
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gptkb:Maracaibo_Basin
gptkb:Orinoco_Belt
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gptkbp:foreignInvestment
|
joint ventures with foreign companies
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gptkbp:foreignPartners
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gptkb:CNPC
gptkb:TotalEnergies
gptkb:ENI
gptkb:Rosneft
gptkb:Chevron
|
gptkbp:hasMajorPort
|
gptkb:Cardón
gptkb:Puerto_La_Cruz
Amuay
El Palito
|
gptkbp:headquarters
|
gptkb:Caracas
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gptkbp:historicalEvent
|
nationalization in 1976
Lake Maracaibo oil boom
Orinoco Belt development
entry into OPEC
strike of 2002-2003
|
https://www.w3.org/2000/01/rdf-schema#label
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Venezuelan Oil Industry
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gptkbp:laborIssues
|
strikes
layoffs
wage disputes
|
gptkbp:mainExports
|
gptkb:oil
refined petroleum products
|
gptkbp:mainImports
|
gptkb:China
gptkb:Europe
gptkb:India
gptkb:United_States
|
gptkbp:majorCrisis
|
2014 oil price collapse
2019 US sanctions
production decline 2016-2020
|
gptkbp:nationalized
|
1976
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gptkbp:notableCompany
|
gptkb:Petróleos_de_Venezuela,_S.A.
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gptkbp:oilReservesRank
|
largest proven reserves in the world
|
gptkbp:OPECMemberSince
|
1960
|
gptkbp:peakProductionYear
|
late 1990s
|
gptkbp:percentageOfExports
|
over 90%
|
gptkbp:percentageOfGovernmentRevenue
|
over 50%
|
gptkbp:product
|
light crude oil
heavy crude oil
extra-heavy crude oil
|
gptkbp:productionDecline
|
2016-2020
|
gptkbp:refineries
|
gptkb:Puerto_La_Cruz_Refinery
gptkb:Paraguaná_Refinery_Complex
gptkb:Amuay_Refinery
gptkb:Cardón_Refinery
gptkb:El_Palito_Refinery
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gptkbp:regulates
|
gptkb:Ministry_of_Petroleum
|
gptkbp:bfsParent
|
gptkb:AB-412
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gptkbp:bfsLayer
|
6
|