I do understand that. That's why I told you that Venezuela's government was the sole shareholder of PDVSA, Venezuela's national oil company.

Not only did Venezuela nationalize all the oil, they nationalized the food, agriculture, electricity, telecommunications, mining, manufacturing, and finance sectors of the economy. https://www.reuters.com/article/us-venezuela-election-nationalizations/factbox-venezuelas-nationalizations-under-chavez-idUSBRE89701X20121008

But you probably knew that.