Head of Bolivian State Oil Company Quits After Less Than a Month.

The article focuses on the resignation of Claudia Cronenbold as president of Bolivia's state-run oil company, Yacimientos Petroliferos Fiscales Bolivianos (YPFB), amid an ongoing energy crisis marked by fuel shortages and long queues in major cities. Cronenbold cited the company's worse-than-expected condition and the need for long-term legal and administrative reforms, while the government seeks rapid production improvements. Bolivia, once a major natural gas exporter, faces declining output that may force imports by 2028, exacerbating fiscal deficits due to subsidized domestic prices. The government is pursuing new legislation to attract private investment and plans a fuel price adjustment expected in June, though significant changes are unlikely before the current administration ends. [Extracted from the article]