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(Reuters) The new chief executive of Petrobras told employees the oil company will drive Brazil's transition to renewable energy, while keeping its oil and gas expansion on track. The first remarks by Jean Paul Prates as CEO, in a video to employees, mark a strategy shift for the state-run firm, which has spent the last... Continue Reading →
(Reuters) - The board of directors of Petrobras (PETR4.SA) on Thursday approved former Senator Jean Paul Prates as the firm's chief executive, marking a strategic shift for the state-run Brazilian oil company. A longtime energy consultant-turned-politician, Prates was tapped for the top Petrobras job by President Luiz Inacio Lula da Silva and is expected to oversee a strategic shift... Continue Reading →
Petróleo Brasileiro S.A. - Petrobras informs that its Board of Directors, in a meeting held today, unanimously, appointed Mr. Jean Paul Terra Prates as Petrobras' Director, until the next General Shareholders' Meeting and elected him as the company's CEO, the latter with a mandate until 04/13/2023, the same term of office of the other members... Continue Reading →
January 24, 2023 - Petróleo Brasileiro S.A. - Petrobras informs that the Eligibility Committee (CELEG) met on this date to analyze the nomination of Mr. Jean Paul Prates for the positions of Director and CEO of Petrobras based on the company's governance rules and applicable legislation. The manifestation of CELEG will be reported to Petrobras'... Continue Reading →
(Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) on Tuesday announced it would increase refinery gate gasoline prices, as its board of directors prepares to vote on President Luiz Inacio Lula da Silva's pick for the chief executive role. In a statement on its website, Petroleo Brasileiro SA said it would hike gasoline prices by an average... Continue Reading →
(epbr) The Federation of Petroleum Workers (FUP) is pressing for the immediate suspension of the sale of Petrobras assets and asked the Ministers of the Civil House, Rui Costa (PT), and Mines and Energy, Alexandre Silveira (PSD), to negotiate with the current administration to stop the ongoing negotiations. They also ask that any preparatory acts... Continue Reading →
(Reuters) - Brazilian Senator Jean Paul Prates, nominated by President Luiz Inacio Lula da Silva to head state-run oil company Petrobras (PETR4.SA), has been meeting with members of his Workers Party to confirm decisions about the new senior management for the company, four sources familiar with the matter said. The meetings highlight that the leftist party,... Continue Reading →
(Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) said on Friday the government has officially nominated Jean Paul Prates to serve as its chief executive officer and board member. President Luiz Inacio Lula da Silva had already announced he would appoint Prates for the top job. Reuters reported earlier on Friday, citing sources, that the nomination had... Continue Reading →
(Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) said on Wednesday its board of directors had approved the early departure of chief executive officer Caio Paes de Andrade, which will take effect immediately. Reuters had first reported on Tuesday, citing sources, that Andrade had informed the board of directors of his resignation, ahead of the end of his... Continue Reading →
(Reuters) The chief executive of Brazilian oil company Petrobras, Caio Paes de Andrade, has informed the board of directors of his resignation, two sources with knowledge of the matter told Reuters on Tuesday. The resignation comes shortly after the country's mines and energy ministry said it would formally appoint Senator Jean Paul Prates to head... Continue Reading →
Brazil Energy Insight 