Lula Fires Petrobras CEO Prates After Dividend Dispute

(Bloomberg, 15.May.2024) — Shares of Brazil’s state-owned oil company Petroleo Brasileiro SA declined after President Luiz Inacio Lula da Silva fired Chief Executive Officer Jean Paul Prates following a dispute over dividend payments.  Prates’s dismissal was confirmed late Tuesday by people familiar with the matter, who asked not to be identified discussing private matters. Petrobras, […]

Petrobras on Strategic Planning

(Petrobras, 31.Mar.2023) — Petrobras informs that its CEO, Jean Paul Prates, submitted to the Executive Board, which in turn, discussed and validated the following proposals, to be considered in the Strategic Planning, in compliance with current governance practices, the commitment to create value and the company’s long-term financial sustainability: 1) […]