VEBA AG (originally from ''Vereinigte Elektrizitäts und Bergwerks Aktiengesellschaft'' or "United Electricity and Mining Corporation") was a German state owned energy company. VEBA was founded in 1929 as a holding company owned by the state of

Prussia Prussia, , Old Prussian: ''Prūsa'' or ''Prūsija'' was a German state on the southeast coast of the Baltic Sea. It formed the German Empire under Prussian rule when it united the German states in 1871. It was ''de facto'' dissolved by an em ...

, and was privatized in 1965. In December 1982, VEBA signed a cooperation agreement with the

Petróleos de Venezuela Petróleos de Venezuela, S.A. (PDVSA, ) (English: Petroleum of Venezuela) is the Venezuelan state-owned oil and natural gas company. It has activities in exploration, production, refining and exporting oil as well as exploration and production ...

(PDVSA) for the establishment of a

Joint Venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...

Ruhr Oel GmbH. VEBA became a part of E.ON in 2000.

External links

* E.ON Defunct companies of Germany Electric power companies of Germany Companies based in Düsseldorf Energy companies established in 1929 1929 establishments in Germany Telecommunications companies established in 1929 {{energy-company-stub