Venezuelan Oil Leadership Shakeup: Key Changes at PDVSA

Venezuela's government has made significant changes to its oil sector, including replacing several oil vice ministers and the board of state oil company PDVSA. The cabinet reshuffle added the oil ministry to Vice President Delcy Rodriguez's responsibilities and appointed Hector Obregon as the new president of PDVSA.

Venezuela's government has replaced several oil vice ministers and the board of state oil company PDVSA, according to the official gazette seen on Wednesday.

The changes come after a cabinet reshuffle last week that added the oil ministry to Vice President Delcy Rodriguez's portfolio and appointed Hector Obregon as the new president of PDVSA.

This move signifies the administration's efforts to consolidate control over the critical oil sector amid ongoing economic challenges.

(With inputs from agencies.)