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General Interest — Quick TakesChavez further expands PDVSA’s role in economyVenezuelan President Hugo Chavez, as part of a wider set of reforms for his country, has decreed changes to the statutes of state-owned Petroleos de Venezuela SA (PDVSA).According to a copy of the Official Gazette, Chavez has given PDVSA the responsibility of “participating in ventures intended for the sustained, organic, and integral development of the country, including agricultural [and] industrial activities.”The changes, which purportedly aim at integrating the oil and gas industry more closely with other sectors of the national economy, also free members of the PDVSA board to actively ...

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