Judge Suspends Effects of Petrobras Board Member Suspension

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(Energy Analytics Institute, 16.Apr.2024) — Brazilian energy giant Petrobras said the reporting judge of the 4th Panel of the Federal Regional Court of the 3rd Region issued a decision today suspending the effects of the decision suspending Mr. Pietro Adamo Sampaio Mendes from exercising the position of board member of the company in the context of a popular action underway in the 21st Federal Court of São Paulo.

Petrobras will continue to defend the soundness of its internal governance procedures, the company said 16 Apr. 2024 in an official statement.


By Ian Silverman. © Energy Analytics Institute (EAI). All Rights Reserved.

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