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

Encomara Squid Connection System Qualifies for Commercialization

Encomara Squid Connection System Qualifies for Commercialization

Russia Focuses Strikes on Ukrainian Ports, Industrial Sites, Distribution Facilities

Russia Focuses Strikes on Ukrainian Ports, Industrial Sites, Distribution Facilities

EU Wheat Continues to Rise During Black Sea Conflict

EU Wheat Continues to Rise During Black Sea Conflict

Chicago Wheat Hits Three-Year High Amidst Black Sea Conflict

Chicago Wheat Hits Three-Year High Amidst Black Sea Conflict

Subscribe for Maritime Logistics Professional E‑News

Democratic-led states renew their challenge to Trump's plans to restrict voting by mail
What has been attacked by Ukraine in its attacks on Russian energy sites?
Russia's Ozon claims that a drone damaged its Ufa logistic hub