Petrobras CEO: C-Suite Managers May Have to Resign

Posted by Joseph Keefe
Wednesday, December 17, 2014

Senior management at Brazil's state-run oil company Petroleo Brasileiro SA may have to resign to avoid further delays of the company's audited third-quarter earnings report, Chief Executive Maria das Graças Foster said on Wednesday.

Foster said President Dilma Rousseff had not accepted her offer to step down in the midst of an investigation into an alleged corruption scheme involving the company, contractors and the ruling political coalition.


Reporting by Jeb Blount and Marta Nogueira

Categories: Contracts Energy Finance Fuels & Lubes Government Update Legal Offshore Offshore Energy People & Company News People

Related Stories

Saronic Picks Texas for New $3B Shipyard

Ukraine to Protect Ports, Exports After Recent Russian Attacks

Schipper Takes the Helm of Netherlands Coast Guard

Current News

Saronic Picks Texas for New $3B Shipyard

EU Grain Exporters Prepare for Increased Demand Amidst Black Sea Attacks

Port of Antwerp-Bruges Sees Decline in Goods in H1 2026

European Wheat Prices Jump to 17-Month High Amidst Renewed Black Sea Tensions

Subscribe for Maritime Logistics Professional E‑News