Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Israeli media: Spanish Parliament has overwhelmingly voted in favor of legislation banning arms sales to "Israel"
Syrian leadership approved the return of spy Eli Cohen's archive to "Israel": Reuters citing sources
Government Media Office in Gaza: The [Israeli] policy of starvation has led to more than 300 cases of miscarriage among pregnant women during the same 80-day period
Government Media Office in Gaza: The [Israeli] policy of starvation has resulted in the deaths of 326 people due to malnutrition and the lack of food and medicine over the past 80 days
UN says no aid distributed yet in Gaza
EU's top diplomat Kaja Kallas asks for a review of EU-"Israel" trade deal
Rubio says Syria could be weeks away from 'full-scale civil war'
Sweden seeks EU sanctions targeting "individual Israeli ministers": Minister to AFP
UK pauses trade deal talks with "Israel", summons ambassador over new Gaza offensive
Al Mayadeen's correspondent: 67 martyrs in Israeli strikes on Gaza since morning.

Venezuela's Maduro prepares major shakeup at PDVSA

  • By Al Mayadeen English
  • Source: Agencies
  • 27 Aug 2024 20:38
2 Min Read

These changes are expected to include replacing PDVSA's current chief executive, Pedro Tellechea, with the company's vice president, Hector Obregon, and appointing a new oil minister.

Listen
  • x
  • Units of El Palito refinery near Puerto Cabello, Venezuela, Monday, Jan. 29, 2024. (AP Photo/Matias Delacroix)
    Units of El Palito refinery near Puerto Cabello, Venezuela, Monday, January 29, 202. (AP)

Reuters reported on Tuesday that Venezuelan President Nicolas Maduro is preparing to announce significant executive changes at the state-owned oil company PDVSA and the oil ministry.

These changes are expected to include replacing PDVSA's current chief executive, Pedro Tellechea, with the company's vice president, Hector Obregon, and appointing a new oil minister.

Pedro Tellechea, who took over as head of PDVSA in January 2023 and later assumed the role of oil minister following the resignation of Tareck El Aissami, is reportedly under review.

An audit of Tellechea's tenure is underway, with reports being prepared on his achievements and accountability.

The review is part of a broader effort by the Venezuelan government to address issues within the state-owned oil company, which has been financially troubled for some time.

Related News

Trump reverses Biden's oil concessions to Venezuela

Venezuela sends protest note to EU delegation for Borrell's statements

Read more: Venezuela AG to summon Gonzalez Urrutia over 'usurpation of powers'

This situation unfolds against the backdrop of a politically charged environment, heavily influenced by foreign powers aiming to undermine President Maduro's leadership.

Following the presidential election in late July 2024, which the National Electoral Council declared Maduro won, these foreign entities and opposition forces have been intensifying their efforts to challenge his legitimacy. They have propagated allegations of electoral fraud and asserted that their preferred candidate, Edmundo Gonzalez, was the rightful winner.

These external influences have exacerbated Venezuela's political instability. The accusations of voter suppression and manipulation are seen as part of a broader strategy by foreign actors to destabilize the country and delegitimize Maduro's government.

There have also been reports of forced resignations among public sector employees, including those at PDVSA, allegedly pressured by these foreign-backed groups due to their political affiliations.

The executive changes at PDVSA are viewed as Maduro's strategic move to safeguard Venezuela's sovereignty amidst ongoing foreign interference and economic hardships.

Read more: Terrorism, civil unrest fell before people's choice: Venezuelan FM

  • Maduro
  • Venezuela
  • PDVSA
  • Nicolas Maduro

Most Read

Gaza and the logic of necropolitics: Sovereignty measured by killing

Gaza and the logic of necropolitics: Sovereignty measured by killing

  • Politics
  • 15 May 2025
Two F-35 jets arrive at it's new operational base Wednesday, Sept. 2, 2015, at Hill Air Force Base, in northern Utah. (AP)

F-35 near-misses over Yemen signal new risks for 'Israel': Forbes

  • Politics
  • 14 May 2025
Abu Obaida

Abu Obeida posts shortly after Israeli reports about his assassination

  • Palestine
  • 15 May 2025
YAF say struck 'Israel's' Ben-Gurion Airport with missiles, drones

YAF say struck 'Israel's' Ben Gurion Airport with missiles, drones

  • MENA
  • 18 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
Gulf investments quietly boosted Elon Musk and family fortunes
US & Canada

Gulf investments quietly boosted Elon Musk and family fortunes

A 3D render of China's planned 'drone mothership' Credit: X/@XH_Lee23
US & Canada

China unveils drone mothership capable of swarm attacks

Relatives of Venezuelan migrants deported by the US to a Salvadoran prison protested outside the UN building in Caracas on April 9, 2025 (AP)
US & Canada

At least 50 migrants deported to El Salvador prison entered US legally

A city bus goes by the historic city of Santiago, Spain during a major power outage across Spain and Portugal on April, 28, 2025. (AP Photo/Mic Smith)
Europe

Spain hit by major phone network outage weeks after nation blackout

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS