PDVSA to Transfer Petropiar Shares to CVG, Chavez Says

Venezuelan President Hugo Chavez said that Petroleos de Venezuela SA, the state oil company, will transfer shares from Petropiar, a joint venture with Chevron, to state miner Corporacion Venezolana de Guayana to form a new oil company called Petro San Felix.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE