Venezuelan oil company Suelopetrol recently stated that it has never received any notice regarding the convening of a shareholders’ meeting or the adoption of a resolution aimed at authorizing a change in the ownership structure of the Petroindependencia oil joint venture, intending to grant US energy giant Chevron a 49% stake.
Venezuelan oil company Suelopetrol recently stated that it has never received any notice regarding the convening of a shareholders’ meeting or the adoption of a resolution aimed at authorizing a change in the ownership structure of the Petroindependencia oil joint venture, intending to grant US energy giant Chevron a 49% stake.
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This statement has cast doubt on Chevron's plan to increase its stake in the joint venture.
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