Category: Petrobras

  • New Petrobras CEO says president wants firm to boost national economy By Reuters

    RIO DE JANEIRO (Reuters) – Madja Chambrillard, CEO of Brazilian oil giant Petrobras, said the country’s president has asked her to work to boost the country’s economy while maintaining the oil company’s profitability. Chamberillard, who took over as the state-run company’s top CEO after President Luiz Inacio Lula da Silva…

  • Brazil’s Petrobras approves Chambriard as new CEO By Reuters

    SAO PAULO/RIO DE JANEIRO (Reuters) – Brazilian state oil company Petrobras said its board of directors on Friday approved the nomination of Magda Chamberillard as the company’s new chief executive following the surprise announcement last week. Chamberyard, a four-decade industry veteran, has already taken up her new position, Petrobras said…

  • Petrobras seen paying out full extra dividends in 2024, Brazil government says (NYSE:PBR)

    Joa_Souza/iStock via Getty Images not released The Brazilian government expects Petrobras (New York Stock Exchange: BBR) will Cash out all of its extraordinary profitsAccording to revenue forecasts for this year, Reuters reported late Wednesday. Petrobras (PBR) shareholders last month voted in favor of a 50% distribution of extraordinary shares The…

  • Brazil President Lula Fires Petrobras CEO After Dividend Dispute

    (Bloomberg) — Brazilian President Luiz Inacio Lula da Silva fired Jean-Paul Prats, CEO of state-owned oil company Petroleo Brasileiro SA, after a dispute over dividends. Most read from Bloomberg The decision was confirmed by people familiar with the matter, who requested anonymity to discuss private matters. Petrobras, as the company…

  • Petrobras CEO Prates ousted by Lula after dividend dispute (NYSE:PBR)

    Wagner Mayer/Getty Images News Petrobras (New York Stock Exchange: BBR) -6.9% Post-market on Tuesday following news that CEO Jean-Paul Prats was… Disqualified He will be replaced by Brazilian President Luiz Inacio Lula da Silva, and Magda Chamberillard, former head of the Brazilian oil and gas regulator ANP. Pratts became CEO…