Wednesday, October 19, 2016

Venezuela replaces OPEC governor amid push for oil deal


Oct 18 Venezuela has tapped its vice-minister for hydrocarbons to be the South American country's new governor to OPEC, as the recession-hit country pushes for a deal to push up oil prices. Angel Gonzalez has replaced former governor Ivan Orellana in Vienna, according to the website of the Organization of the Petroleum Exporting Countries (OPEC). It was not immediately clear when the change occurred and why Orellana was replaced. It was also unclear who would replace Gonzalez, a geophysical engineer who has worked in Venezuela's oil sector for decades. More…

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