updated
PDVSA Finance Ltd
| Oil and Gas Production in 2022: | 310 mmboe |
| Upstream Expansion:
The upstream expansion figure shows how much oil and gas resources a company is extremely likely to add to its production portfolio in the short term (approx. 1-7 years).
|
2,346 mmboe |
| Midstream Expansion:
“Pipeline” means a company is developing ≥100km of oil or gas pipelines. “LNG” means a company is developing LNG terminals with ≥1Mt of annual gas liquefaction capacity.
|
No |
| Gas-fired Power Expansion:
“Yes” for all companies that are developing ≥100 MW of gas-fired power capacity.
|
No |
Listed on the Global Oil & Gas Exit List 2023
51 results Total investment of current selection: $ 1,681 M
| # | Name | Name | Name | Type | Country of HQ | Country of HQ | Country of HQ | Sectors | subsidiaries | Shares $M | Bonds $M | Total $M | |||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Petroleos de Venezuela SA (PDVSA) | Crédit Agricole (incl. Amundi) | investment | France | Venezuela | Europe (EU) | South America | $ 251 M | $ 251 M | ||||||
| 2 | Petroleos de Venezuela SA (PDVSA) | Grantham Mayo Van Otterloo & Co | investment | United States | Venezuela | North America | South America | $ 176 M | $ 176 M | ||||||
| 3 | Petroleos de Venezuela SA (PDVSA) | Allianz (incl. AGI, PIMCO, Allianz SE) | investment | Germany | Venezuela | Europe (EU) | South America | $ 166 M | $ 166 M | ||||||
| 4 | Petroleos de Venezuela SA (PDVSA) | Fidelity Investments | investment | United States | Venezuela | North America | South America | $ 129 M | $ 129 M | ||||||
| 5 | Petroleos de Venezuela SA (PDVSA) | Goldman Sachs | investment | United States | Venezuela | North America | South America | $ 119 M | $ 119 M | ||||||
| 6 | Petroleos de Venezuela SA (PDVSA) | T. Rowe Price | investment | United States | Venezuela | North America | South America | $ 106 M | $ 106 M | ||||||
| 7 | Petroleos de Venezuela SA (PDVSA) | Principal Financial Group | investment | United States | Venezuela | North America | South America | $ 80 M | $ 80 M | ||||||
| 8 | Petroleos de Venezuela SA (PDVSA) | BlackRock | investment | United States | Venezuela | North America | South America | $ 75 M | $ 75 M | ||||||
| 9 | Petroleos de Venezuela SA (PDVSA) | Virtus Investment Partners | investment | United States | Venezuela | North America | South America | $ 69 M | $ 69 M | ||||||
| 10 | Petroleos de Venezuela SA (PDVSA) | H2O Asset Management | investment | United Kingdom | Venezuela | Europe (non EU) | South America | $ 64 M | $ 64 M | ||||||
| 11 | Petroleos de Venezuela SA (PDVSA) | UBS | investment | Switzerland | Venezuela | Europe (non EU) | South America | $ 62 M | $ 62 M | ||||||
| 12 | Petroleos de Venezuela SA (PDVSA) | Neuberger Berman | investment | United States | Venezuela | North America | South America | $ 48 M | $ 48 M | ||||||
| 13 | Petroleos de Venezuela SA (PDVSA) | Vontobel | investment | Switzerland | Venezuela | Europe (non EU) | South America | $ 42 M | $ 42 M | ||||||
| 14 | Petroleos de Venezuela SA (PDVSA) | Abrdn | investment | United Kingdom | Venezuela | Europe (non EU) | South America | $ 39 M | $ 39 M | ||||||
| 15 | Petroleos de Venezuela SA (PDVSA) | Ameriprise Financial | investment | United States | Venezuela | North America | South America | $ 38 M | $ 38 M | ||||||
| 16 | Petroleos de Venezuela SA (PDVSA) | New York Life Insurance | investment | United States | Venezuela | North America | South America | $ 38 M | $ 38 M | ||||||
| 17 | Petroleos de Venezuela SA (PDVSA) | Colchester Global Investors | investment | United Kingdom | Venezuela | Europe (non EU) | South America | $ 24 M | $ 24 M | ||||||
| 18 | Petroleos de Venezuela SA (PDVSA) | Power Corporation of Canada | investment | Canada | Venezuela | North America | South America | $ 19 M | $ 19 M | ||||||
| 19 | Petroleos de Venezuela SA (PDVSA) | AQR Capital Management | investment | United States | Venezuela | North America | South America | $ 17 M | $ 17 M | ||||||
| 20 | Petroleos de Venezuela SA (PDVSA) | Desjardins Group | investment | Canada | Venezuela | North America | South America | $ 16 M | $ 16 M | ||||||
| 21 | Petroleos de Venezuela SA (PDVSA) | SEI | investment | United States | Venezuela | North America | South America | $ 13 M | $ 13 M | ||||||
| 22 | Petroleos de Venezuela SA (PDVSA) | M&G | investment | United Kingdom | Venezuela | Europe (non EU) | South America | $ 10 M | $ 10 M | ||||||
| 23 | Petroleos de Venezuela SA (PDVSA) | Wellington Management | investment | United States | Venezuela | North America | South America | $ 9 M | $ 9 M | ||||||
| 24 | Petroleos de Venezuela SA (PDVSA) | Franklin Resources | investment | United States | Venezuela | North America | South America | $ 8 M | $ 8 M | ||||||
| 25 | Petroleos de Venezuela SA (PDVSA) | Danske Bank | investment | Denmark | Venezuela | Europe (EU) | South America | $ 8 M | $ 8 M |
Remarks
Financial data is drawn from the commercial database Refinitiv (now known as LSEG Data & Analytics). For a selection of pension and sovereign wealth funds, data was collected from the fund disclosures and SEC filings in individual cases. The data was retrieved in May 2024, but filings can be older than that and might have changed since. This might especially be the case if an investor introduced a fossil fuel policy in the meantime. We acknowledge that shares and bonds of some Russian companies can't be traded on all markets anymore and were written off some investors’ portfolios.
This report is meant for information purposes only and not as a source of any specific investment recommendation. Nothing herein shall constitute or be construed as a recommendation, endorsement, or sponsorship of any company or fund. You should determine on your own whether you agree with the content of this information and data provided.
For more information read our detailed Methodology!