Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

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

Aramco Offers Oil Loadings Outside Hormuz, Cargoes Head to China

Aramco Offers Oil Loadings Outside Hormuz, Cargoes Head to China

Corn, Wheat Reach Multi-Year Highs Amidst US Crop, Black Sea Export Worries

Corn, Wheat Reach Multi-Year Highs Amidst US Crop, Black Sea Export Worries

Seventy Vessels Wait to Load Grain Near Sulina Canal

Seventy Vessels Wait to Load Grain Near Sulina Canal

Rafael Reis Appointed as VP Operations at Hanseatic Global Terminals Latin America

Rafael Reis Appointed as VP Operations at Hanseatic Global Terminals Latin America

Subscribe for Maritime Logistics Professional E‑News

Six months after the war began, the US-Iran conflict has descended into a trench-war on energy: Bousso
Democratic-led states renew their challenge to Trump's plans to restrict voting by mail
WiseTech, Australia's largest software company, falls 10% after e2open costs weigh