LATIN AMERICA NEWS Petrobras CEO and 5 Other Executives Resign Chief Executive Maria das Gracas Foster Has Been Pressured for Months to Resign Amid Scandal Petrobras Chief Executive Maria das Gracas Silva Foster is seen arriving at the Brasilia international airport after meeting with President Dilma Rousseff Tuesday. The company informed Brazil’s stock market regulator... Continue Reading →

Help Wanted: Petrobras CEO With Bulletproof Integrity  Facebook  Twitter  Instagram  Youtube byAnna EdgertonFilipe Pacheco 2:27 PM BRST February 4, 2015    (Bloomberg) -- HELP WANTED: Chief executive officer to lead multinational oil company. Strong background in capital markets required. Experience with a global brand a plus. Unassailable integrity. Deep political insiders need not apply. The resignation of Maria... Continue Reading →

February 4, 2015 4:08 pm Petrobras: Timeline of a scandal John Aglionby Maria das Graças Foster, the embattled head of Petrobras, and five other executives have resigned over the corruption scandal enveloping the Brazilian state-owned oil group. Here is a timeline of the corruption crisis that is ricocheting into the rest of the economy. 2003-10 ©Reuters Dilma Rousseff... Continue Reading →

February 4, 2015 6:06 pm Brazilian government scrambles to find new leader for Petrobras Samantha Pearson and Joe Leahy in São Paulo ©Bloomberg Wanted: new chief executive for the world’s most indebted oil company, currently under investigation for its role in the largest corruption scandal in Brazilian history. The resignation on Wednesday of Petrobras’ top... Continue Reading →

Petrobras All latest updates Trouble at the top Sacking the boss will not fix the problems at Brazil’s oil giant Feb 4th 2015 | SÃO PAULO | Business and finance PETROBRAS used to wow the oil world with its expertise at tapping the black stuff thousands of metres beneath the ocean floor. Now Brazil’s oil behemoth is better known... Continue Reading →