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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. President Luiz Inácio Lula ...
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.
In 1997, Petrobras reached the production milestone of 1 million barrels (160,000 m 3) per day. The company also executed agreements with other Latin American governments and began operations outside Brazil. [33] In 2003, on its 50th anniversary, Petrobras surpassed 2 million barrels of oil equivalent (12,000,000 GJ) of daily production. [33]
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 ...
This is a list of the world's largest non-governmental privately held companies by revenue.This list does not include state-owned enterprises like Sinopec, State Grid, China National Petroleum, Kuwait Petroleum Corporation, Pemex, Petrobras, PDVSA and others.
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Transpetro, Petrobras' logistics subsidiary, is considering projects to power its 48 terminals with renewable energy, according to Marcio Guimaraes, the director of ducts and terminals. A solar plant in São Paulo state , managed by Transpetro, will soon supply enough energy to cover all operations at the company's terminal in Guarulhos ...
Vibra Energia (formerly Petrobras Distribuidora or BR) is the largest distributor and marketer of petroleum derivatives and biofuels of Brazil and Latin America. It was a subsidiary of Petrobras until 2021 but now it is a corporation. The company has more than 8,000 gas stations in Brazil.