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Petrobras mulls insiders to fill key management vacancies -sources


Publishing date: Apr 15, 2021  •  1 hour ago  •  2 minute read  • 
Article content
RIO DE JANEIRO Incoming Petrobras CEO Joaquim Silva e Luna, an army veteran with no oil experience, has endorsed four career executives to head up key company divisions rather than bringing in more outsiders, people with knowledge of the matter said on Thursday.
The board of directors of Petroleo Brasileiro SA, as Brazil’s state-controlled company is formally known, meets on Friday to vote on the new division heads, the company said. The board is also expected to officially confirm Luna as CEO.
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UPDATE 1-Brazilian tech firm Mosaico prices IPO at 19.80 reais per share, top of range


By Reuters Staff
(Adds confirmation of pricing from securities regulator, value of IPO)
SAO PAULO, Feb 3 (Reuters) - Brazilian tech firm Mosaico Tecnologia ao Consumidor on Wednesday priced its shares at 19.80 reais each in an initial public offering, Brazil’s securities regulator said in a statement.
The company had set a price range between 15.40 reais and 19.80 reais.
Rio de Janeiro-based Mosaico Ventures invests in technology companies loosely themed around e-commerce and Web searches. It has companies such as game developer Gazeus, coupon provider Cuponeria and fintechs Parcelex and Compara in its portfolio.
The primary portion of the offering was worth 578.5 million reais ($108 million), according to the regulator, and the secondary portion was worth 636.4 million reais. ....

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UPDATE 2-Brazil's Petrobras redirects sales to domestic market in fourth quarter


By Reuters Staff
(Adds information on January exports, scheduled stoppages)
RIO DE JANEIRO, Feb 2 (Reuters) - Brazilian state-run oil company Petrobras sharply reduced crude exports in the fourth quarter in order to accommodate relatively strong domestic demand, according to quarterly production figures released on Tuesday.
In a securities filing, Petroleo Brasileiro SA, as the company is formally known, said crude exports in the fourth quarter came to 618,000 barrels per day, down 16.6% from the previous quarter and 4.5% from the same period the year before.
The same trend appeared with various fuels that Petrobras produces, with total domestic sales volume rising 3% from the third quarter and total foreign sales volume falling 14.7%. ....

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Brazil mining agency to hire more inspectors, allowing annual checks on all tailings dams


Brazil mining agency to hire more inspectors, allowing annual checks on all tailings dams
Reuters
1/28/2021
By Marta Nogueira
RIO DE JANEIRO, Jan 28 (Reuters) - Brazil s National Mining Agency (ANM) is set to hire 40 more safety inspectors, to more than double the total number of inspectors, allowing it to check all the country s tailings dams annually, the agency s director told Reuters on Thursday.
A 2019 disaster at iron ore miner Vale s Brumadinho dam - the second fatal collapse at a Vale-affiliated facility in four years - alerted the mining industry and investors to the dangers of thousands of tailings dams around the world, many of which are in disrepair. ....

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