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Petrobras shares tumbled on Wednesday on news of the CEO swap, as investors balked at the prospect of more intense capital spending that may mean sacrificing the generous dividends of recent years.
The head of Brazil’s state-run oil giant Petrobras, Magda Chambriard, was sworn in Wednesday amid market concerns of increased government intervention in the company. ... Managers today are ...
A Connecticut oil and gas trader was convicted on Thursday over a nearly eight-year scheme to bribe officials at Brazil's state-owned oil company Petrobras so two Connecticut trading companies ...
Petrobras sponsored the Brazilian Série A from 2009 to 2012. [80] Petrobras was a secondary sponsor for the AT&T Williams F1 Team from 1998 to 2008 and signed again with Williams F1 from 2014 onwards. [81] From 2018, Petrobras left Williams and sponsored McLaren, but cancelled their sponsorship at the end of 2019.
Pedro Pullen Parente (born February 21, 1953, in Rio de Janeiro) is a Brazilian engineer, politician, administrator, and former president of the state oil company Petrobras. [ 1 ] History
This is a list of presidents of the Brazilian petroleum company Petróleo Brasileiro S.A. (Petrobras). [1] Presidents of the company are appointed by the Federal Government, represented by the President of Brazil. The Federal Government is the main shareholder and the name of the president must be approved by the common shareholders assembly ...
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Transpetro, a fully owned subsidiary of Petrobras, was established on 12 June 1998, as per legislation (Act no. 9.478/1997) which restructured the oil sector in Brazil. In addition to Petrobras, Transpetro provides services to several distributing companies and to the petrochemical industry.