Although the terminology is very unclear - PRV being able to be both Pressure RELIEF valve and Pressure REGULATING valve, ultimately the key is not what acronym you decide to call it, but what its function is.
PSV, as implied by the "Safety" bit, are normally seen as valves which are not part of normal operation, but are there to protect or make safe an abnormal condition (overpressure, fire, maloperation) and are sized for full flow. They tend to be more of a snap on snap off design rather than modulating.
Pressure relief and pressure regulating are normally seen as valves which relieve pressure at some pre-defined set point <= Design pressure and are commonly more about controlling and regulating pressure as part of normal operation.
your lube oil system may have both - a PRV (relief or regulating) as part of the normal circuit, and a PSV in some section where overpressure or perhaps contagion from a higher pressure source could occur due to say failure of a compressor or pump seal.
Who knows? Without seeing the particular flow diagram and understanding it's purpose, all we're in danger of doing is talking about which set of initials to write on the flow diagram / P&ID....
My motto: Learn something new every day
Also: There's usually a good reason why everyone does it that way