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PBR May 2024 16.000 call
- Zacks
Petrobras (PBR) Halts Sale of Refineries to Aid Brazil Economy
Petrobras (PBR) stops the sale of its refineries under government pressure, shifting focus to boosting operations, creating jobs and expanding into green energy.
- Reuters
Brazil's Petrobras approves Chambriard as new CEO
SAO PAULO/RIO DE JANEIRO (Reuters) -Brazilian state-run oil firm Petrobras said its board of directors on Friday approved the nomination of Magda Chambriard as the company's new chief executive following the surprise announcement last week. Chambriard, a four-decade industry veteran, has already taken up her new position, Petrobras said in a securities filing. The incoming chief executive, a former head of oil and gas regulator ANP, was chosen by President Luiz Inacio Lula da Silva to replace former CEO Jean Paul Prates after he was dismissed last week.
- Reuters
Petrobras says antitrust watchdog agreed to free company from asset sales
SAO PAULO (Reuters) -Brazilian state-run oil firm Petrobras said on Wednesday the country's antitrust regulator Cade approved the new terms of an agreement that will free up the company from selling some of its oil refining and natural gas assets. The new terms of the agreement, originally signed in 2019, have been approved by the regulator's board, Petrobras said in a securities filing. The government of then-President Jair Bolsonaro had set the terms in a broad initiative to reduce Petrobras' share in Brazil's oil and gas sector, opening the market for new companies with prospects of more investment.
