May 31, 2007

• CITGO's new president and CEO arrives at the company's headquarters
• Bolivia: Buying LNG from Venezuela
• Venezuela proposes building a refinery in Vietnam

• Repsol YPF and PDVSA sign letter of intent for new gas agreement in Venezuela
• Survey finds 31 billion barrels in Venezuela heavy oil block

• Stone & Webster's Report PDVSA efficiently operates Ameriven and Petrozuata

• Asdrúbal J. Chávez appointed as new PDVSA's Vice-President for refining, commerce and logistics

• Citgo CEO to conduct Pdvsa in Germany

• Pdvsa agrees with French group on software development

• PDVSA signs up for Repsol gas
• Bolivia and Venezuela to create a joint venture for oil prospecting

• Oil firms paid USD 4.48 billion in royalties

• PDVSA 2007 income will be at least $61 bln -FinMin