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Petrobras president resigns after questions from Bolsonaro

Brasilia, Jun 20 (Prensa Latina) The president of the Brazilian mixed-economy oil company Petrobras, José Mauro Coelho, resigned today in the face of new criticism from the far-right leader, Jair Bolsonaro, for the rise in fuel prices.

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Bolsonaro lashes out at Petrobras for new fuel price increase

Brazilian President Jair Bolsonaro Friday said the state-run oil company Petrobras' profits were “irrational” in the current global scenario following a 14% increase in the price of diesel fuel and 5% in naphtha.

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On the Move – USGC, Greenlane Renewables, Biotalys, HyCC, Petrobus and more : Biofuels Digest

On the Move – USGC, Greenlane Renewables, Biotalys, HyCC, Petrobus and more : Biofuels Digest
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Brazil's ex-petroleum secretary takes CEO role at Petrobras for one year

Petrobras has revealed the appointment of a new CEO, which has been chosen to spearhead the company for a year.

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Bolsonaro still unable to find new Petrobras chief

Brazilian Economist Adriano Pires has turned down President Jair Bolsonaro's offer to chair the state-run oil company Petrobras after dismissing General Joaquim Silva e Luna, who repeatedly adjusted the price of fuel against the head of state's recommendations.

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Petrobras Chairman to Step Down; May Be Replaced by Landim

(Bloomberg) -- Petrobras Chairman Admiral Eduardo Bacellar Leal Ferreira plans to step down after three years at the helm of the state-controlled Brazilian oil giant, citing personal reasons.

“My family lives abroad and I want to be close to them,” Ferreira, who turns 70 in June, said by phone.

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PT goes to MPF against Petrobrás chief for fuel price

PT goes to MPF against Petrobrás chief for fuel price
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Petrobras to start return from home office in July-August

Brazilian state-run oil firm Petroleo Brasileiro SA (PETR4.SA) said on Friday that it will start a staggered return from home office to on-site work for its white-collar workers between July and August.

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Bolsonaro advocates intervention in Petrobras and price predictability

Bolsonaro said that General Joaquim Silva e Luna is completing studies on the predictability of fuel readjustments.

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Brazil's Petrobras lowers fuel prices even as oil rises internationally

Brazil's Petrobras lowers fuel prices even as oil rises internationally
4/30/2021
Brazilian oil company Petrobras will reduce diesel and gasoline prices at refineries by about 5 cents per liter from Saturday, the Brazilian Association of Fuel Importers (Abicom) and consultancy and brokerage StoneX said.
The move would be the first under the management of General Joaquim Silva e Luna, who replaced Roberto Castello Branco as the company's top executive after the government apparently disagreed with the state-run company's fuel pricing policy.
Petrobras did not immediately comment on the matter.
After landing the top job at Petrobras, Luna said he would look to avoid volatility in the domestic fuel market while not "disrespecting" international price parity.

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