Vale CEO Ferreira to Lead Petrobras Board

March 27, 2015

Brazil's government has selected Murilo Ferreira, the chief executive officer of miner Vale SA, to head the board of state-run Petroleo Brasileiro SA, according to a filing from the oil company on Friday.

The board will vote on the nomination at a shareholder's meeting on April 29, the filing said. The Brazilian government is Petroleo Brasileiro's controlling shareholder.

On Thursday Petrobras, as the state-run firm is better known, named Luciano Coutinho, the head of Brazil's state development bank BNDES as its chairman until the next shareholder meeting.

Petrobras said in another filing that its board would not vote on its financial results at the April 29th meeting.


Reporting by Caroline Stauffer
 

Logistics News

WinGD Unveils High-Pressure Dual-Fuel LNG Engine

WinGD Unveils High-Pressure Dual-Fuel LNG Engine

Many Green Shipping Corridors Stalled

Many Green Shipping Corridors Stalled

Report: Combustible Scrap Caused Fire on Bulk Carrier

Report: Combustible Scrap Caused Fire on Bulk Carrier

Protesters Disrupt Coal Shipment in Australia

Protesters Disrupt Coal Shipment in Australia

Subscribe for Maritime Logistics Professional E‑News

Meesho, an Indian ecommerce company, relies on AI and new business lines to drive its growth.
Airbus A320 major recall affects global airlines
Spain deploys military forces to contain African Swine Fever near Barcelona