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Attainable goals. (Editor's Note).(for CITGO Petroleum Corp., Petroleos de Venezuela S.A. )

By Wight, Darren
Publication: NPN International
Date: Friday, November 1 2002

Darren Wight

During an industry conference in Florida in May of 2001, CITGO Petroleum Corp. Chairman Carlos Jorda and President/CEO Oswaldo Contreras voiced plans for Petroleos de Venezuela, S.A., and its CITGO subsidiary to be the "world's benchmark energy company.

That's a lofty goal, considering they are competing with mega-majors like Shell, ExxonMobil, BP and TotalFinaElf ... to name a few. Actually, I'd be skeptical of PDVSAs plans if it didn't have the muscle to back it up -- the largest oil reserves in the Western Hemisphere, a substantial refinery b

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