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OIL: Venezuela’s Maduro Prepares Executive Changes at PDVSA: Reuters

OIL

Venezuela’s President Nicolas Maduro is preparing to announce executive changes at state-owned oil company PDVSA and the oil ministry, Reuters said citing market sources.

  • The changes may include replacing PDVSA’s CEO Pedro Tellechea with current VP Hector Obregon.
  • A new oil minister may also be appointed, Reuters said.

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