September 03, 2014 4:11 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Petromonagas SA

Company Overview

Petromonagas SA engages in heavy oil production. The company additionally also owns a project which consists of wells, pipelines and an upgrader to convert tar-like crude into lighter synthetic crude producing 110,000 barrels of oil a day. Petromonagas SA was formerly known as Cerro Negro SA. The company is based in Anzoategui, Venezuela.

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Venezuela

Key Executives for Petromonagas SA

Petromonagas SA does not have any Key Executives recorded.

Petromonagas SA Key Developments

Rosneft Plans To Acquire Petromonagas

Rosneft Oil Company is planning to acquire 16.7% stake in Petromonagas SA from OAO TNK-BP Holding, Venezuelan Energy Minister, Rafael Ramirez said according to media reports. Ramirez did not specify the value of the deal, the Venezuelan media reports said.

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