At Brazil's Petrobras, a 'Spartan' military man takes the reins
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3 years ago By Simi — For many investors, the appointment of former army general Joaquim Silva e Luna as the new chief executive of Brazil's state-run oil company Petrobras was
Brazil distributors scramble for diesel amid Petrobras shakeup
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3 years ago By Vannessa — Brazilian fuel distributors are scrambling to secure diesel supplies for March and April after state-run oil company Petrobras said it would not fully meet
Brazil's Petrobras calls meeting to elect Bolsonaro ally
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3 years ago By Cronaman — Board members of Brazilian oil giant Petrobras are paving the way for approval of a retired general with no industry experience to take the helm of the sta
Board of Petrobras approves shareholders' meeting; end of the line for CEO
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3 years ago By Gabriel — The board of Brazilian state-run oil Petrobras on Tuesday called for an extraordinary shareholders' meeting, a move that all but guarantees the exit of cur
Shares in Brazil's Petrobras rebound after Monday plunge
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3 years ago By JEFFPAUL — Shares in Brazil's state-run oil company Petrobras rose around 8% in early Tuesday trading, rebounding after a sharp plunge the previous day on President J
Petrobras shares slump as Brazil's Bolsonaro doubles down on intervention
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3 years ago By Gabriel — Petrobras shares plunged 21% on Monday, wiping out 70 billion reais ($12.7 billion) in market value, as Brazilian President Jair Bolsonaro again slammed it
Shares of Brazil's Petrobras plunge after CEO ouster
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3 years ago By Lindy — Petrobras shares plunged 21% on Monday, wiping out 70 billion reais ($12.69 billion) in market value, as analysts slashed their ratings in response to Braz
Bolsonaro's nominee to run Petrobras stresses need for "balance" in fuel pricing
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3 years ago By Harix — Brazilian President Jair Bolsonaro's nominee to lead state-run oil company Petrobras said on Saturday the company needs to find "balance" in fuel pricing,
Brazil's Petrobras executive management in talks on possible mass resignation - sources
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3 years ago By Hilditch — Petroleo Brasileiro SA's executive management is considering resigning en masse after the Brazilian government decided to replace Chief Executive Roberto C
Petrobras CEO fights pressure from Brazil's Bolsonaro to resign: sources
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3 years ago By Omosebi — The chief executive of Brazil's state-led oil company Petrobras is trying to fight off President Jair Bolsonaro's bid to oust him over his insistence on ra