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

Chartwell Marine Secures Design Contract for Island Community Ferry

Chartwell Marine Secures Design Contract for Island Community Ferry

BIO-UV Group, Microwise to Tackle Port-Side Ballast Water Treatment

BIO-UV Group, Microwise to Tackle Port-Side Ballast Water Treatment

DCSA+ Welcomes Contship as New Terminal Partner

DCSA+ Welcomes Contship as New Terminal Partner

HII Names Daniel Marks Vice President of Contracts and Pricing at Ingalls Shipbuilding

HII Names Daniel Marks Vice President of Contracts and Pricing at Ingalls Shipbuilding

Subscribe for Maritime Logistics Professional E‑News

Delta upgrades its long-haul fleet with 31 Airbus jets
Wall Street Journal, January 28,
Sources say that the US is working on a general license to lift some sanctions against Venezuelan oil industry