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Petrobras CEO Hands In Resignation. Replacement Already Chosen.

The chief executive of Brazilian state-owned oil giant Petrobras Caio Paes de Andrade has informed the board of directors of his resignation.

Brazil , Brazilian , Mauro-coelho , Luiz-inacio-lula , Fernando-haddad , Petrobras-caio-paes , Roberto-castello-branco , Joaquim-silvae-luna , Jair-bolsonaro , Petrobras , Workers-party , Reuters

Petrobras CEO Hands In Resignation. Replacement Already Chosen.

The chief executive of Brazilian state-owned oil giant Petrobras Caio Paes de Andrade has informed the board of directors of his resignation.

Brazil , Brazilian , Mauro-coelho , Luiz-inacio-lula , Fernando-haddad , Petrobras-caio-paes , Roberto-castello-branco , Joaquim-silvae-luna , Jair-bolsonaro , Petrobras , Workers-party , Reuters

New Petrobras CEO greenlighted pending objections

Caio Mário Paes de Andrade has been approved Monday as the new CEO of Brazil's state-run oil company to replace José Mauro Coelho, who lasted merely 68 days on the job.

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The Biggest Threat To Brazil's Oil Boom

Brazil’s oil industry has had a tremendous run, with state-owned Petrobras leading the charge, but upcoming elections could threaten the country’s offshore energy boom

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Petrobras committee clears Bolsonaro's pick for CEO (NYSE:PBR)

Petrobras' (PBR) eligibility committee on Friday approved Caio Paes de Andrade, the Brazil government's pick, to be nominated as the company's next CEO, concluding that there are...

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Petrobras Chief Executive Resigns

The chief executive of Brazil's state-run oil company Petrobras resigned on Monday in the face of mounting pressure from…

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Petrobras CEO resigns over fuel price row with govt

Three CEOs have come and gone since 2019, with each departure linked disagreement between Petrobras and the government over domestic fuel pricing policy.

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Petrobras CEO Coelho bows to pressure and resigns

After barely 40 days on the job, José Mauro Coelho resigned as CEO of Brazil's state-run oil company Petrobras due to pressure from President Jair Bolsonaro and other politicians over a recent increase in the price of fuel, which drives inflation upwards ahead of the Oct. 2 elections. Bolsonaro had dubbed the price hike a “betrayal” of the Brazilian people.

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