Venezuela’s Maduro makes major cabinet changes after contested election

CARACAS (Reuters) -Venezuela’s President Nicolas Maduro on Tuesday made major changes to his cabinet, including leadership of the oil and finance ministries and state oil company PDVSA, after a contested election both the ruling party and the opposition claim to have won.

Anabel Pereira is new finance minister, while Hector Obregon is the new president of PDVSA, replacing Pedro Tellechea, who will move to head the Industry Ministry, Maduro said on state television.

Vice-President Delcy Rodriguez will remain in her post, but add the oil ministry to her brief, Maduro added.

Yvan Gil and Vladimir Padrino will remain in their respective posts as foreign minister and defense minsiter, Maduro said, while ruling party leader Diosdado Cabello will be the new interior, justice and peace minister.

Reuters reported earlier, citing three sources, that Maduro would name Obregon to PDVSA and designate a new oil minister.

Obregon is a lawyer who was added to PDVSA’s executive board last year as part of his government responsibilities, which also include positions at the finance ministry and Venezuela’s development bank.

This post is originally published on INVESTING.

  • Related Posts

    Oil prices settle up 1% at 2-week high as Ukraine war intensifies

    By Scott DiSavino (Reuters) -Oil prices climbed about 1% to a two-week high on Friday as the intensifying war in Ukraine this week boosted the market’s geopolitical risk premium. Brent…

    COP29 climate summit overruns as $250 billion draft deal stalls

    By Valerie Volcovici and Gloria Dickie BAKU (Reuters) -The COP29 climate summit ran into overtime on Friday, after a draft deal that proposed developed nations take the lead in providing…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Oil prices settle up 1% at 2-week high as Ukraine war intensifies

    • November 22, 2024
    Oil prices settle up 1% at 2-week high as Ukraine war intensifies

    COP29 climate summit overruns as $250 billion draft deal stalls

    • November 22, 2024
    COP29 climate summit overruns as $250 billion draft deal stalls

    SEC Fines Webull, Two Broker-Dealers for Compliance Failures

    • November 22, 2024
    SEC Fines Webull, Two Broker-Dealers for Compliance Failures

    SEC Fines Webull, Two Brokers-Dealers for Compliance Failures

    • November 22, 2024
    SEC Fines Webull, Two Brokers-Dealers for Compliance Failures

    Oil prices climb 1% to two-week high as Ukraine war intensifies

    • November 22, 2024
    Oil prices climb 1% to two-week high as Ukraine war intensifies

    Oil prices edge up to 2-week high as Ukraine war intensifies

    • November 22, 2024
    Oil prices edge up to 2-week high as Ukraine war intensifies