Commodities and Futures News

Venezuela’s Maduro prepares executive changes at state oil firm PDVSA, sources say

08/27/2024

Less than a minute

2024.08.27 12:06

© Reuters. FILE PHOTO: Venezuela's President Nicolas Maduro speaks at the Supreme Court of Justice, in Caracas, Venezuela, August 9, 2024. REUTERS/Leonardo Fernandez Viloria/File Photo

CARACAS (Reuters) – Venezuela’s President Nicolas Maduro is getting ready to announce executive changes at state-owned oil company PDVSA and the oil ministry, part of key official moves following a disputed election, three sources with knowledge of the preparations said.

The changes could include replacing PDVSA’s chief executive Pedro Tellechea with the company’s current vice president, Hector Obregon, and appointing a new oil minister, the sources said.

08/27/2024

Less than a minute

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