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Venezuela Rolls out Cabinet Change, Economic Measures to Combat Inflation

Venezuela Rolls out Cabinet Change, Economic Measures to Combat Inflation
venezuelanalysis.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from venezuelanalysis.com Daily Mail and Mail on Sunday newspapers.

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Carrots and sticks: Venezuela's new oil chief targets graft, courts workers

The new CEO of Venezuelan state-run PDVSA is targeting endemic corruption at the financially troubled oil company while hoping to win over its 95,000 workers, a move critical to securing much needed cash for the country, home to the world's largest crude reserves. ....

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NEWSMAKER-Carrots and sticks: Venezuela's new oil chief targets graft, courts workers

The new CEO of Venezuelan state-run PDVSA is targeting endemic corruption at the financially troubled oil company while hoping to win over its 95,000 workers, a move critical to securing much needed cash for the country, home to the world's largest crude reserves. Pedro Tellechea, a 47-year-old mechanical engineer, took command of PDVSA in January and quickly suspended the OPEC country's exports and reviewed sales that had left $21.2 billion in income uncollected. ....

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Carrots and sticks: Venezuela's new oil chief targets graft, courts workers

VALENCIA/CARACAS (Reuters) - The new CEO of Venezuelan state-run PDVSA is targeting endemic corruption at the financially troubled oil company while hoping to win over its 95,000 workers, a move critical to securing much needed cash for the country, home to the world's largest crude reserves. | 05:12am ....

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Eni, Repsol to receive natural gas export licenses in Venezuela

The two European companies want to resume their jointly run Cardon IV project “at its maximum capacity,” which is 1.3 Bcf, Tellechea said. It currently pumps 580 MMcf of natural gas to meet Venezuela’s household and industrial demand. ....

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