PDVSA Has Long Way to Come Back After Chaves: Hofmeister

John Hofmeister, former president of Royal Dutch Shell Plc’s U.S. unit from 2005 to 2008 and founder of Houston-based Citizens for Affordable Energy, comments on the outlook for state-owned oil producer Petroleos de Venezuela SA, known as PDVSA, after the death of Hugo Chavez in an interview with Alix Steel, Indira Lakshmanan and Tom Keene on Bloomberg Television’s “Surveillance.” He also spoke about TransCanada Corp.’s Keystone XL pipeline.

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