“In accordance with Decree No. 4191, Citizen Asdurbal José Chávez Jimenez was appointed president of the state company Petróleos de Venezuela, SA (PDVSA) and its board of directors,” RIA Novosti reports.
In December, the United States imposed sanctions against six PDVSA tankers carrying Venezuelan oil to Cuba.
In late February, Maduro announced reform in the oil industry to protect the country from US sanctions.