Table › Companies › Petróleos de Venezuela SA

Initials from the entity name. Click the row to open the full profile.Petróleos de Venezuela SAExtracting, refining, or transporting oil, gas, and coal. VenezuelaOfficial site ↗
8.8 million
cars driven for a year
40.3 Mt CO₂e
Approximate — depends on local grid.Approximate — depends on local grid.Approximate — varies by species, climate and age of tree.
rising +4%/yr

🔥 Petróleos de Venezuela SA ranks #25 because it extracts and refines large quantities of oil, gas or coal.

How much of this entity's emissions could be tied to a named owner.How sure we are about the numbers — based on data coverage, recency and source agreement.Number of power plants or sites attributed to this entity in the Climate TRACE dataset.
⚔ CompareSee the proof
Climate Damage Score: 0–100. Bigger means more greenhouse gas this year. Built only from measured emissions and trend.
#25 of 1649

Petróleos de Venezuela SA, based in Venezuela (Bolivarian Republic of), extracts, refines or transports oil, gas and coal. Climate TRACE attributes 7 high-emitting assets to it. Its largest tracked activities are oil & gas extraction, oil refining and oil & gas transport.

Produces fossil fuelsOil, gas and coal are extracted, processed and moved at scale.
Methane can leakProduction and transport can release methane — a very potent short-term greenhouse gas.
Burned downstreamWhen the fuels are used elsewhere, they release large amounts of CO₂.
See the proof

Power plants & sites behind it7 attributed assets · ownership split equally across listed owners

AssetSectorOwnershipAttributedConf.
Venezuela_Maturin_Conventional onshoreFossil Fuels50%23.4 Mtvery low
Venezuela_Maturin_Heavy oilFossil Fuels20%9.6 Mtvery low
Venezuela_Maracaibo_Conventional shelfFossil Fuels50%3.1 Mtvery low
PDVSA Paraguana Refinery ComplexFossil Fuels100%2.9 Mtvery low
Venezuela_Maturin_Conventional onshoreFossil Fuels50%519.7 ktvery low
PDVSA Puerto La Cruz RefineryFossil Fuels100%435 ktvery low
Venezuela_Maturin_Heavy oilFossil Fuels20%354 ktvery low
Where this comes from
Climate TRACE — asset-level emissions & ownership · CC BY 4.0
Fossil Fuels · reference year 2024
Who profits

Hand-curated shareholder, revenue and investor context from primary public sources. This data is shown alongside — but is not used to compute — the Climate Damage Score.

About this data. Institutional investors like BlackRock, Vanguard and State Street typically hold shares on behalf of clients — appearing in shareholder records does not mean they control or direct the company. State entities and individuals with majority stakes are different and labelled accordingly.

Visit Petróleos de Venezuela, S.A. (PDVSA)
state ownedParent: Government of VenezuelaHQ Venezuela (Bolivarian Republic of)

Revenue

—

Not publicly available in open sources yet.

Wholly state-owned. PDVSA stopped publishing audited financials in 2016; current figures are not available from open primary sources.

Emissions intensity

—

Cannot be computed without revenue. Not publicly available in open sources yet.

Top shareholders & investors

  • Government of Venezuela (sole shareholder)100%state

Source: primary public filings via Wikipedia. Stakes can change; see filings for the latest.

Wholly state-owned. PDVSA stopped publishing audited financials in 2016; current figures are not available from open primary sources.

How it's allowed

Signals below are derived from emissions data and ownership coverage only — not from any legal or regulatory finding.

Permitted Emissions
These emissions appear to occur under existing permits and regulations. Operating legally is not the same as operating cleanly.
Ownership Data Gaps
Only 38% of this entity's attributed emissions trace to a clearly identified owner. Incomplete ownership data limits accountability.
Methane Exposure
Oil and gas operations can release methane, a greenhouse gas far more potent than CO₂ over the short term. Leakage is often under-measured.
Rising Emissions Trend
Attributed emissions are rising (~4%/yr), moving in the wrong direction.
Low Measurement Confidence
Measurement confidence for this entity is low; figures are best-available estimates.
No Verified Enforcement or Lobbying Record
This dataset contains no verified enforcement actions, lobbying records, subsidies, or litigation for this entity. Absence of evidence here is not evidence of compliance or of any violation.

Climate Villains makes no claim that any entity has broken any law. These are data-derived signals, not allegations.

Trend
Getting worse▲ +3.6% rising
37.2 Mt40.4 Mt43.6 Mt20222024

Attributed emissions are rising by about +3.6% per year. Attributed emissions, 2022–2024.

It ranks #25 mainly because its attributed assets emitted about 40.3 Mt CO₂e in 2024 (≈ 8.8M cars/yr).

The Climate Damage Score is driven by that absolute size on a log scale, with a +0.4-point worsening adjustment.

Score breakdown

Absolute emissions
89 pts
Trend modifier
▲ +3.6% rising+0.4 pts
Data confidence
How sure we are about the measurement. A low score doesn't lower the polluter's rank — it just shows the data is fuzzier.

See the full methodology for how the score is built, or data & coverage for how complete the underlying numbers are.

What we know · what we don't

What we know

  • Attributed emissions: 40.3 Mt CO₂e in 2024 (≈ 8.8M cars/yr).
  • Primary sector: Fossil Fuels; primary country: Venezuela (Bolivarian Republic of).
  • Evidence: 7 assets; ~38% ownership-attribution coverage.
  • Source: Climate TRACE (CC BY 4.0).

What we don’t

  • Exact ownership percentages — Climate TRACE lists owners but not stakes, so shared assets are split equally.
  • Indirect (supply-chain / financed / product-use) emissions are not included.
  • Some of this sector's emissions could not be attributed to any named owner.
  • No PR claims, lobbying records, litigation history or policy-compliance data are included.
How sure we are about the measurement. A low score doesn't lower the polluter's rank — it just shows the data is fuzzier.How much of this entity's emissions could be tied to a named owner. Higher means a more complete picture.