PERSONNEL MOVES AND PROMOTIONS: Venezuela names Parra new PDVSA head

Click here to enlarge imageVenezuela's President Hugo Chavez has appointed economist and banker Gastón Luis Parra Luzardo president of state-owned Petroleos de Venezuela SA.Parra, who is PDVSA's fourth president in 3 years, was sworn in Feb. 13, succeeding General Guaicaipuro Lameda.Long a political ally of President Chavez, Parra helped draft Venezuela's new hydrocarbon law-effective Jan. 1-that increases royalty rates to 30% from 16%. Parra also helped draft legislation in the 1970s that led to the nationalization of Venezuela's oil industry. He has indicated that PDVSA will be reorganized to cut costs by as much as 25%, and he supports strict adherence to the O...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected