Roberto Mandini News

In an apparent sign of resistance to political change, a list of high-level resignations have been reported out of Venezuelan state oil giant Petroleos de Venezuela. On Wednesday came confirmation that David Escojido, the vice-president of project transformation, had resigned. On Monday, the company saw resignations from PDVSA President Roberto Mandini, Vice President of Exploration and Production Juan Szabo and Vice President of Finances Eduardo Blanco.

The list of high-level resignations at Venezuelan state oil giant Petroleos de Venezuela grew longer last week, with confirmation that David Escojido, the vice-president of project transformation, had resigned. A company spokesman confirmed that Escojido had joined former PDVSA President Roberto Mandini, Vice President of Exploration and Production Juan Szabo and Vice President of Finances Eduardo Blanco who resigned Monday. The official said it was too early to confirm local press reports that other senior management figures had opted for voluntary retirement following the resignation of respected oilman Mandini and the appointment of Hector Ciavaldini as the new company president. An announcement is expected in the coming days, he said.