Consequently , control of the company ultimately fell to American - antagonist leader Hugo Chavez .
CITGO , an American - based oil company founded in 1910 , became a part of Petroleos de Venezuela , S.A. ( PDVSA ) the national oil company of Venezuelain 1986 .
Control of the company ultimately fell to American - antagonist leader Hugo Chavez .
CITGO , an American - based oil company founded in 1910 , became a part of Petroleos de Venezuela , S.A. ( PDVSA ) the national oil company of Venezuelain 1986 .