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NotiSur PDF file 1989 right arrow Nov

Venezuela's State-run Oil Company Acquires 50% Stake In U.S. Oil Company, Unocal

LADB Article ID: 071772
Category/Department: General
Date: Thursday, November 2, 1989
By: John Neagle

On Oct. 31, Venezuela's state-run oil company, PDVSA, signed a purchase agreement under which PDVSA has acquired a 50% stake in the California-based Union Oil Corporation (UNOCAL). The contract specifies delivery of 135,000 barrels of Venezuelan...

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