YPF has announced a change in command due to alleged differences between top executives in Argentina’s state-owned energy company.

YFP said that on a meeting held on 15 July, the company’s board decided and accepted the resignation of Sergio Affronti as chief executive.

At the same meeting, the company appointed Pablo Iuliano, YPF non-conventional upstream vice president, to replace Affronti in the role of chief executive.

According to Argentina-based energy sector website Econojournal, the decision to replace Affronti came after internal disputes with the company’s president Pablo Gonzalez.

Iuliano is a chemical engineer and started his career at YPF more than two decades ago, when the company was still controlled by Spain’s Repsol.

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