About PDVSA
PDVSA is an Energy & Utilities company based in Caracas (Venezuela) founded in 1975 by Alfredo Ruiz. Oil and natural gas exploration and production services are provided. PDVSA has raised $625 million across 3 funding rounds from investors including China Developement Bank, Gazprom inform and Pisopetrol. PDVSA has completed 1 acquisition, including CITGO. Its chief executive, as recorded, is Manuel Quevedo. Its website pdvsa.com draws about 44 thousand monthly visits. Its focus areas include Energy, Oil & Gas Midstream and Horizontal.
Company details
PDVSA was established in 1975 in Caracas, Venezuela, as a state-owned entity focused on the energy sector. Exploration and production activities for oil and natural gas are conducted across various regions, with operations centered in Venezuela. Services encompass upstream activities, including drilling, reservoir management, and resource extraction. Leadership includes founder Alfredo Ruiz and current CEO Manuel Quevedo, overseeing strategic initiatives in hydrocarbon development.
- Headquarters Caracas, Venezuela
- Founders Alfredo Ruiz
- SectorsEnergy & Utilities
- Website pdvsa.com/index.php
- Social LinkedIn X Facebook
- Total Equity Funding$625M (USD)
in 3 rounds
- Latest Funding Round$5B (USD), Debt – Conventional
Jun 2015
- InvestorsChina Developement Bank
& 2 more
- Investments & Acquisitions
Funding Insights of PDVSA
PDVSA has successfully raised a total of $625M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $5 billion completed in June 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $625M
- Total Rounds 3
- Last Round Debt – Conventional — $5B
- First Round $1B
(Nov 2013)
- Investors Count 3
All 3 funding rounds of PDVSA with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2015 | $5B | Debt – Conventional | – | – | |
| Apr 2014 | $625M | Private Equity Round | – | – | |
| Nov 2013 | $1B | Debt – Conventional | – | – |
3 investors in total: 3 institutional.
Investors in PDVSA
PDVSA has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include China Developement Bank, Gazprom inform and Pisopetrol.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Development finance offered via long-term lending and bond issuance. | 1994 | cdb.com.cn | Beijing, China | |
| suelopetrol.com | ||||
Oil and gas resources are explored, extracted, and produced. | 1996 | gazprom.ru | Moscow, Russia |
Investor details for PDVSA
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of PDVSA
20 people are tracked at PDVSA (15 in leadership, 4 in board & advisors, 1 in team).
| Name | Role | Group |
|---|---|---|
Alfredo Ruiz | Founder | Leadership |
Manuel Quevedo | CEO | Leadership |
Pedro Rafael Tellechea Ruiz | President | Leadership |
Heifred Jhoselin Segovia Marrero | VP, Finance | Leadership |
Génesis Sabrina Ron Solano | VP, International Commerce & Supply | Leadership |
Juan Carlos Díaz Socorro | VP, Commerce & Supply | Leadership |
Gustavo Adolfo Boadas Díaz | VP, Refining | Leadership |
Ronny Rafael Romero Rodríguez | VP, International Affairs | Leadership |
Leyli Beatriz Ferrer Avendaño | VP, Planning & Engineering | Leadership |
Luis Enrique Molina Duque | VP, Exploration & Production | Leadership |
Juan Vicente Santana Migliacion | VP, Gas | Leadership |
Ricardo Javier Gómez Rincón | Vice President Of International Commerce And Supply | Leadership |
Jovanny José Martínez Navarro | Vice President Of Planning And Engineering | Leadership |
Eduardo Lorenzo Pinto Salazar | Vice President Of Exploration & Production | Leadership |
Hernández Verdecanna | Vice President Of Finance | Leadership |
Ricardo Andres Leon Sabala | Director | Board & advisors |
Yurbis Josefina Gomez | Director | Board & advisors |
Ricardo Jose Menendez Prieto | Director | Board & advisors |
Wils Asencion Rangel Linares | Director | Board & advisors |
Hector Andrés Obregón Perez | EVP | Team |
Complete people profiles for PDVSA
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by PDVSA
PDVSA has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CITGO.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Petroleum processing, hauling, and distribution services are provided. | citgo.com | Houston, United States | 1983 | Feb 1986 | $300M |
Complete acquisition details for PDVSA
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- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of PDVSA
4 dated milestones of PDVSA across 40 years, from founding to its latest funding, stage changes and deals.
- Founded PDVSA is founded.
- Acquisition Acquires CITGO.
- Funding First funding round of $1.0B.
- Funding Latest funding round, Debt – Conventional, of $5.0B.
Web traffic of PDVSA
The website of PDVSA (pdvsa.com) receives about 44K visits a month.
- Monthly visits44K
▲ 242% vs previous month
Websites whose visitors overlap most with PDVSA. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
menpet.gob.ve | menpet.gob.ve | 100% | – | ||
bcv.org.ve | bcv.org.ve | 99% | #11,138 | – | |
mpd.gob.ve | mpd.gob.ve | 98% | – | ||
gobiernoenlinea.ve | gobiernoenlinea.ve | 95% | – | ||
mf.gov.ve | mf.gov.ve | 69% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for PDVSA
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- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Pdvsa
Complete news archive for PDVSA
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Frequently Asked Questions about PDVSA
PDVSA was founded in 1975 and raised its 1st funding round 38 years after it was founded.
PDVSA is headquartered in Caracas, Venezuela.
Manuel Quevedo is the CEO of PDVSA, as recorded in our data.
PDVSA is a funded company, having raised a total of $625M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1B, raised on Nov 2013.
PDVSA was established in 1975 in Caracas, Venezuela, as a state-owned entity focused on the energy sector. Exploration and production activities for oil and natural gas are conducted across various regions, with operations centered in Venezuela. Services encompass upstream activities, including drilling, reservoir management, and resource extraction. Leadership includes founder Alfredo Ruiz and current CEO Manuel Quevedo, overseeing strategic initiatives in hydrocarbon development.
PDVSA has made 1 acquisition, including CITGO.
PDVSA has 3 investors. Key investors include China Developement Bank, Gazprom inform, and Pisopetrol.